Netley Capital, a London-based private investment firm focused on tertiary investing, has secured additional committed capital for its tertiaries franchise, bringing total deployable capital to approximately $825m from $315m at launch in September 2025.
In a press statement, Netley said the addition commitments reflect strong institutional and family office demand for customised liquidity solutions in the private equity secondary market.
Since launch, Netley has completed five tertiary transactions, acquiring over $700m in net asset value across a range of secondary private equity funds. The firm targets secondary fund interests with exposure to mid- and large-cap global buyouts, aiming to provide liquidity to investors while unlocking value in under-explored segments of the secondary market.
“The continued backing from our investors underscores both the strength of the tertiaries opportunity and the market’s recognition of its potential,” said Caspar Berendsen, Managing Partner of Netley. “Our strategy addresses a growing need for tailored portfolio management tools, helping investors optimise allocation and liquidity within private markets.”
Tertiary investing is gaining momentum as secondary market transaction volumes expand, reaching $226bn in 2025, up 41% year-on-year, according to Evercore Private Capital Advisory. Netley’s strong deal flow and pipeline position the firm to continue capturing opportunities throughout 2026.
In addition, Netley has appointed Andrew Kirk as Vice President, Investment Analytics, enhancing the firm’s data and analytical capabilities to support portfolio assessment and transaction execution.
