Press Release
November 30, 2020

Goodwin Advises Committed Advisors On Fundraising For Committed Advisors Secondary Fund Iv

The Goodwin Paris Private Investment Funds team assisted Committed Advisors in raising its fourth fund, Committed Advisors Secondary Fund IV, which has reached its hard cap with €1.6 billion of commitments.

The Fund, which initially aimed to raise €1.25 billion, was significantly oversubscribed. Investors include pension plans, financial institutions, family offices and sophisticated high-net-worth individuals across Europe, North America and the Asia-Pacific region.

The Fund is the successor to Committed Advisors Secondary Fund III, which closed in April 2017 with €1 billion of commitments. Like its predecessors, CASF IV is dedicated to acquiring primarily mature private equity assets in North America, Europe and emerging countries in the small- and mid-sized segments of the private equity secondary market. It acts as a provider of liquidity in “GP-led” and spinout transactions as well as to owners of fund interests and/or portfolios of direct holdings in private companies via tailor-made transactions ranging from €10 million to €100 million in size. Committed Advisors is also active in primary and early-secondary opportunities, as well as co investments alongside managers in its portfolio. Its core focus is on transactions where underlying assets are in the buy-out and growth equity area, yet it retains the ability to address opportunities in the distressed, turnaround, venture capital and sector-specific spaces.

The Goodwin team was led by partner Arnaud David and included Marie-Laure Bruneel, Brynn Peltz, William Weiss and Todd Pollock.