Patria targets $500m for first secondaries fund following Abrdn acquisition
Private Equity Wire
JULY 16, 2024
The report cites documents prepared for the San Bernardino County Employees’ Retirement Association’s board meeting on 18 July as conforming the fundraising target, with Patria planning at least two closes for the fund this year. The fund carries a 10% performance fee over an 8% preferred return.
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