Northleaf closes third flagship secondaries fund

On February 16, 2023, Northleaf Capital Partners (“Northleaf”) announced that it held the final closing for Northleaf Secondary Partners III (“NSP III”), its third flagship secondaries fund, with US$1.3 billion of committed capital.

Northleaf’s secondaries platform seeks to provide investors with access to a diversified portfolio of private equity investments in LP-led and GP-led secondary transactions alongside leading mid-market sponsors.

With the support of both new and returning investors, the Fund surpassed its target and is more than 60% larger than its predecessor fund. Over the past two years, investors have committed a total of US$2 billion across Northleaf’s secondaries platform.

Further information can be found on Business Wire’s website.

Northleaf is a global private markets investment firm with US$22 billion in private equity, private credit and infrastructure commitments raised to date from public, corporate and multi-employer pension plans, endowments, foundations, financial institutions and family offices.