Northleaf Capital Partners has held a final close for its third flagship secondaries fund, Northleaf Secondary Partners III (NSP III) with $1.3 billion of committed capital.
With the support of both new and returning investors, the fund surpassed its target and is more than 60 percent larger than its predecessor fund. During the past two years, investors have committed a total of $2 billion across Northleaf’s secondaries platform.
Northleaf’s secondaries platform seeks to provide investors with access to a diversified portfolio of private equity investments in LP-led and GP-led secondary transactions alongside leading mid-market sponsors. In addition to NSP III, investors access secondary investments through Northleaf’s global private equity funds and institutional custom mandates.
Over the past 20 years, investors have entrusted more than $12 billion to Northleaf’s global private equity program, which currently serves more than 130 institutional and fam