Deals
Leonard Green Eyes $1.5 Billion for First-Ever Secondaries Fund
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Leonard Green & Partners is targeting $1.5 billion for its debut general partner-led secondaries fund, according to a person with knowledge of the matter.
The Los Angeles-based firm, led by managing partners John Danhakl and Jonathan Sokoloff, told investors at its annual general meeting earlier this month that it’s in discussions with potential anchor investors for the fund, which will seek to invest in single-asset continuation vehicles, said the person, who asked not to be identified discussing confidential information.