Deutsche Bank raises $614m for global secondaries fund
Deutsche Bank has reached a final close of $614 million on its second global secondaries fund. The vehicle exceeded its target of $500 million, with commitments coming from insurance companies, public and corporate pension plans and family offices.
DB Secondary Opportunities Fund II will acquire LP interests in private equity funds and portfolios of direct investments, as well as co-invest in companies alongside other PE players. The fund is smaller...
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