Oddo BHF closes second PE secondaries fund at €715m

Private Equity Wire

Oddo BHF Asset Management’s private assets team has held the final close of the second vintage of its private equity secondaries strategy with €715m in total capital commitments exceeding its original €500m target, according to a report by Citywire.

The new fund, which is the largest PE vehicle raised by the private assists team, attracted support from existing and new investors, both individual and institutional.

The report quotes Anne Bismut, Global Head of Private Assets at Oddo BHF AM: “With this second vintage, we are continuing our strategy of addressing all types of secondary transactions worldwide, with a particular focus on mid- and large-cap assets.”

Oddo BHF Secondaries Fund II is three times the size of the previous vehicle, which raised €240m in 2020.

The full article is available here. This article was published at Private Equity Wire.