The Aberdeen-managed fund has appointed IP Group to oversee investments in British technology companies across sectors including quantum computing, battery technology, and healthcare.
We outline the investment strategy, performance, and other key details of the Liberty Street Advisors-managed fund.
The firm's five evergreen vehicles, including a private equity secondaries fund, reached €8.2 billion in aggregate value in Q3.
The new evergreen strategy will invest across core-plus funds, direct deals, and co-investments, initially targeting European private wealth investors.
The Luxembourg-domiciled fund, administered by fundcraft, targets annual net returns of 15% to 20% through direct, follow-on, and select secondary investments.
The transactions include five private equity investment sales at a 7% discount to December 2025 NAV and an exit through a GP-led continuation vehicle.
