Debevoise Leads Glendower Capital Fund To $2.7B Close

Law360 (July 31, 2019, 3:37 PM EDT) -- Secondary-market private equity firm Glendower Capital said Wednesday it closed its latest fund at $2.7 billion with guidance from Debevoise & Plimpton.

The London-headquartered investment firm said the close for its Secondary Opportunities Fund IV LP was above its initial hard cap. The vehicle is Glendower’s first fundraising since it was founded as an independent secondary private equity manager in 2017, the announcement said.

Investors included a global mix of public and corporate pension funds, sovereign wealth funds, insurance companies, foundations and family offices, according to the announcement.

Private equity secondaries, which involve the acquisition or sale of investors’ existing interests...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS