Committed Advisors has held the final closing of its fifth secondary fund, Committed Advisors Secondary Fund V (CASF V), with €2.6bn of total capital commitments, surpassing its original €2.4bn fundraising target.
CASF V is more than 65% larger than its 2020 vintage predecessor fund, which the firm says reflects the “confidence and trust” placed in its team by more than 230 investors, comprising sovereign funds, pension plans, endowments & foundations, financial institutions, family offices and high-net-worth individuals across Europe, North America, and the Asia‑Pacific region.
Like its predecessor funds, CASF V is dedicated to acquiring primarily mature private equity assets in North America, Europe and emerging countries in the small and mid‑sized segments of the private equity secondary market.
It acts as a provider of liquidity in ‘GP‑led’ and spinout transactions, as well as to owners of fund interests and/or portfolios of direct holdings in private companies via tailor-made transactions, typically ranging from €10m to €100m in size.
Committed Advisors is also active in primary and early secondary opportunities, as well as co‑investments alongside managers in its portfolio. Its core focus is on transactions where underlying assets are in the buy-out and growth equity area, yet it retains the ability to address opportunities in the distressed, turnaround, venture capital and sector-specific spaces.
