Pomona Capital, a global private equity firm specialising in secondaries investing, has raised a combined total of $4 billion across its platform in the past two years.
The firm recently held a final close on its tenth secondaries flagship fund, Pomona Capital X (PC X) with commitments of $2.6 billion.
PC X was oversubscribed and capped, surpassing its target of $2 billion by 30% and is approximately 50% larger than its predecessor fund Pomona Capital IX, which collected nearly $1.8 billion. The fund combined with primaries, co-investment interests and its retail product offering has contributed to the firm’s growth momentum and 23% CAGR in the past five years.
The Pomona Investment Fund, the firm’s retail product offering, increased by $400 million in assets under management in 24 months or 85% CAGR as the demand by retail investors for private equity continues.
Read more: Private Equity Wire
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