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Glendower Capital collects $2.7B for 4th secondary PE fund

Glendower Capital LLP raised $2.7 billion for its fourth global secondary private equity fund at final close, exceeding its initial hard cap.

The investor base for Glendower Capital Secondary Opportunities Fund IV LP includes pension funds, sovereign wealth funds, insurers, endowments, foundations, wealth platforms and family offices.

The London-based private equity firm, which also has offices in New York, acquires secondary private equity assets that provide liquidity solutions to global investors.

Debevoise & Plimpton LLP was legal adviser to Glendower Capital.