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    Home»Fundraising»ICG closes fund dedicated to GP-led secondaries at $5B
    Fundraising

    ICG closes fund dedicated to GP-led secondaries at $5B

    June 23, 2022Updated:June 23, 20221 Min Read
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    ICG has held the final close of the ICG Strategic Equity IV fund, which is focused on GP-led secondaries, at over $5 billion in capital commitments, according to a report by Secondaries Investor.

    SE IV is backed by investors including CalPERS – the California Public Employees’ Retirement System ($250 million), Fubon Life Insurance ($65 million), and the New York City Employees’ Retirement System, are among the fund’s backers.

    ICG IV’s predecessor fund held its final close in January 2020 at $2.4 billion.

    Read more: Private Equity Wire

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