Sweetwater Targets $650M Raise with Fourth Secondaries Fund

Sweetwater Private Equity is launching the fourth generation of its secondaries fund series with a target size of $650M, per the firm’s Form D filing dated October 17.

Sweetwater Secondaries Fund IV will be the PE firm’s biggest vehicle to date. It follows in quick succession on the January final close of its predecessor fund, which received a total $505M in capital commitments, including $50M from the New Mexico State Investment Council, per Dakota data. The fund series specializes in acquiring secondary interests in private equity fund investments in companies delivering technology, healthcare, and consumer products and services.

According to its website, Encinitas, CA-based Sweetwater has closed more than 50 transactions and deployed over $500M in capital to its portfolio companies since 2016.

Source: https://www.sec.gov/Archives/edgar/data/2041721/000203887824000002/xslFormDX01/primary_doc.xml

For more public pension insights and a comprehensive library of public plan minutes, book a demo of Dakota Marketplace!

Written By: Dakota

Related Content

Maine PERS Mulls Add’l $150M+ to TPG Angelo Gordon’s Twin Brook
February 11, 2025

San Jose Police & Fire Commits $158M to Alts in December 2024 Deals
February 11, 2025

Emigrant Stakes $2.8B CT HNW Advisor Principle Wealth
February 11, 2025

Cresset Rebrands Private Funds Business as Peakline Partners
February 11, 2025

Report: BC Partners Targets €6B Raise for 12th Flagship Fund
February 11, 2025

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Sweetwater Targets $650M Raise with Fourth Secondaries Fund

Subscribe

Related Content

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Podcasts

Events

Company