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Alternative Market Briefing

Glendower Capital raises $5.8 billion for secondaries fund

Tuesday, August 01, 2023

Bailey McCann, Opalesque New York:

Glendower Capital, CVC's secondaries platform, has reached a hard close on its fifth global secondaries fund at $5.8 billion. Glendower Capital Secondary Opportunities Fund V is the first fund closed since Glendower completed a strategic merger with CVC in 2022.

This is the largest fund raised by the Glendower team. Glendower manages $13 billion in AUM across its private equity secondary funds with a team of over 35 dedicated investment professionals.

The fundraise attracted investment ......................

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