Iris Dorbian
The fund's target is 350 million euros.
The initial target was 2 billion euros.
NGP Energy Transition IV is focused on investing in companies that drive or enable the growth of renewable energy.
The close raises Adams Street's total secondaries strategy assets to $8.2 billion.
The fund's LPs include pension funds, wealth managers, insurance companies, consultants, family offices, foundations, and funds of funds.
Kinzie Fund II's backers include foundations, endowments, pension funds and family offices.
The program's investors include East Rock Capital, LLC, a U.S. public pension fund, family offices, and financial institutions representing endowment and foundation clients.
GTCR Fund XIV's limited partners include global endowments and foundations, public and corporate pension plans, sovereign wealth funds and financial institutions.
The fund's limited partners include HarbourVest Partners and Lexington Partners.
The fund will invest in growth-stage companies across the consumer and technology sectors.