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Glendower Racks Up $2.7B For Fourth Pe Secondary Fund

by pehub.com posted 4months ago 34 views
Glendower Capital has closed its fourth private equity secondary fund at $2.7 billion. The fund’s investors include public and corporate pension funds, sovereign wealth funds, insurance companies, endowments, foundations, wealth platforms and family offices. Debevoise & Plimpton LLP‘s private funds team served as legal counsel to Glendower. LONDON and NEW YORK, July 31, 2019 /PRNewswire/ — Glendower Capital (“Glendower”) today announced the final closing above the initial hard cap at US$2.7 billion for Glendower Capital Secondary Opportunities Fund IV, LP (“SOF IV”), its fourth global secondary private equity fund.