October 2025 saw a strong lineup of continuation vehicles added to Dakota Marketplace, reflecting ongoing momentum in manager-led secondary transactions. From large-scale infrastructure extensions to tech-driven and impact-oriented strategies, these funds showcase the diversity and sophistication shaping today’s private markets landscape. Today, we will be discussing the top five continuation vehicles added to Dakota Marketplace last month.
1. V29 Capital Continuation Vehicle, L.P. — Pritzker Vlock Family Office
Overview: V29 Capital Continuation Vehicle, L.P. is a GP-led secondary fund sponsored by the Pritzker Vlock Family Office, a private investment platform founded by members of the Pritzker and Vlock families. The firm is known for its long-term, thesis-driven investment approach spanning venture capital, growth equity, and private equity across a range of industries. The continuation vehicle reflects the family office’s strategy of maintaining exposure to high-performing portfolio companies while providing liquidity solutions for existing investors.
Focus: The fund was established to extend ownership of high-conviction assets from a prior fund, enabling continued operational and strategic support for select businesses under the same management team. It provides liquidity to legacy LPs and facilitates new capital participation, aligning long-term value creation with investor flexibility across the Pritzker Vlock investment ecosystem.
2. Valley of Fire Continuation Fund LP — Quinbrook Infrastructure Partners
Overview: Valley of Fire Continuation Fund LP is a 2024 continuation vehicle managed by Quinbrook Infrastructure Partners, a firm with over 25 years of clean energy investing experience, >40 GW of capacity built or acquired, and $27 billion in total transaction value. Quinbrook specializes in renewable energy, energy storage, and grid infrastructure, focusing on sustainable energy transitions and decarbonization.
Focus: This vehicle was established to continue the build-out and operation of Quinbrook’s Valley of Fire renewable energy platform, including its 51% stake in the Gemini solar-plus-storage project and additional developments across Nevada, Colorado, and Arizona. The strategy targets value-add renewable infrastructure with long-term cash flows and energy transition exposure.
3. Vistria Agua CV, L.P. — The Vistria Group
Overview: Vistria Agua CV, L.P. is a 2025-vintage continuation fund sponsored by The Vistria Group, a Chicago-based private investment firm integrating financial performance with social impact. The firm manages over $12 billion across its platforms, Flagship Equity, Credit, and Real Estate, focusing on sectors vital to America’s economic and social well-being, including healthcare, knowledge & learning, financial services, and housing.
Focus: Vistria Agua CV, L.P. is a middle-market buyout continuation vehicle domiciled in Delaware, focused on extending ownership of select healthcare and education portfolio companies. It leverages The Vistria Group’s impact-driven investment framework, targeting control positions in essential industries with measurable long-term outcomes.
4. Kinderhook Capital Waste CV, L.P. — Kinderhook Industries
Overview: Kinderhook Capital Waste CV, L.P. is a 2025 continuation vehicle managed by Kinderhook Industries, a private equity firm with $10.1 billion in committed capital and more than 500 investments since its 2003 founding. Kinderhook focuses on middle-market businesses with niche market leadership positions, emphasizing partnership with management and responsible ownership.
Focus: This CV was created to acquire and hold waste management and environmental services assets from Kinderhook’s prior funds, providing liquidity to legacy LPs while continuing to scale strong-performing companies in the sector. The fund closed a $643 million transaction in September 2025, underscoring market confidence in Kinderhook’s platform and operational value-add approach.
5. Incline Precision Fund, L.P. — Incline Equity Partners
Overview: Incline Precision Fund, L.P. is a 2025-vintage continuation vehicle managed by Incline Equity Partners, a Pittsburgh-based private equity firm with $6.3 billion in committed capital, 74 platform investments, and over 23 years of experience. Incline is known for its hands-on, people-first approach, partnering closely with management teams to drive operational enhancements, strategic M&A, and long-term value creation. The firm invests across North America with a focus on founder-led and growth-oriented middle-market companies.
Focus: The Incline Precision Fund operates as a Private Equity – Secondaries strategy, targeting high-performing portfolio assets across Industrials, Information Technology, Health Care, and Commercial Services. It extends Incline’s ownership in precision manufacturing and value-added services companies, capitalizing on sector expertise and deep operational improvement capabilities.
About Dakota
Dakota is a financial, software, data and media company based in Philadelphia, PA. Dakota’s flagship product, Dakota Marketplace, is a database of LPs, GPs, Private Companies and Public Companies used by thousands of fundraising, deal, and investment teams worldwide to raise capital, source deals, track peers, and access comprehensive data—all in one global platform.
To explore more information on private funds, book a demo of Dakota Marketplace today.
