Unigestion closes its sixth secondaries fund at its hard cap of $2bn
Unigestion Private Equity*, the global specialist in mid-market leaders, is delighted to announce the final close of Unigestion Secondary VI (USEC VI). The fund was oversubscribed at its hard cap of €1.7bn ($2bn).
The fund attracted strong demand from a broad spectrum of returning and new limited partners, including pension funds, endowments, insurance companies, sovereign wealth funds, foundations, family offices, high net worth individuals and corporations. These investors span more than 20 countries – including the United States, Germany, Canada, the United Kingdom, France, Switzerland, Italy, Spain, Israel, Singapore and Japan – with more than 150 investors committing capital to USEC VI.
USEC VI is already well deployed and posting strong early performance and liquidity. The fund has completed 22 secondary investments to date, leveraging Unigestion’s substantial global mid-market primary platform and its market-leading emerging managers program which, since the 1990s, has backed some of the most respected managers in the market.