{"id":92059,"date":"2026-09-28T06:06:10","date_gmt":"2026-09-28T10:06:10","guid":{"rendered":"https:\/\/hedgeco.net\/news\/09\/2026\/truebridge-capital-partners-closed-secondaries-ii-at-508-million.html"},"modified":"2026-09-28T06:06:10","modified_gmt":"2026-09-28T10:06:10","slug":"truebridge-capital-partners-closed-secondaries-ii-at-508-million","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2026\/truebridge-capital-partners-closed-secondaries-ii-at-508-million.html","title":{"rendered":"TrueBridge Capital Partners Closed Secondaries II at $508 Million:"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/09\/2026-09-28-truebridge-hero.jpg\" alt=\"TrueBridge Capital Partners Closed Secondaries II at $508 Million\" \/><\/p>\n<p>HedgeCo.Net \u2014 TrueBridge Capital Partners on September 8, 2026 announced the final close of TrueBridge Secondaries II, L.P. with $508 million in commitments, according to the firm\u2019s PR Newswire release and Pulse 2.0. The oversubscribed fund more than doubled TrueBridge Secondaries I, which closed with $230 million in 2024.<\/p>\n<p>Secondaries II will buy venture fund interests and make direct secondary purchases in venture-backed companies, emphasizing opportunities where TrueBridge\u2019s manager relationships and underwriting provide an edge. Investors included foundations, endowments, pension funds, family offices and high-net-worth individuals.<\/p>\n<p>TrueBridge cited longer private company lives and less predictable IPO and M&#038;A exits as drivers of secondary demand. The firm said it manages more than $15.0 billion in regulatory AUM.<\/p>\n<p>For LPs seeking venture-secondaries exposure, the hard marks are the $508 million Secondaries II close, the $230 million Secondaries I predecessor, the dual fund-interest and direct-company mandate, and more than $15.0 billion regulatory AUM. Do not invent deployment pace or prior-fund DPI beyond the announced commitments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net \u2014 TrueBridge Capital Partners on September 8, 2026 announced the final close of TrueBridge Secondaries II, L.P. with $508 million in commitments, according to the firm\u2019\u2026 <a class=\"continue_reading_link btn btn-mini\" href=\"https:\/\/hedgeco.net\/news\/09\/2026\/truebridge-capital-partners-closed-secondaries-ii-at-508-million.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":92058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16296],"tags":[16529,16526,16528,16525,16527],"class_list":["post-92059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alternative-investments","tag-lp-liquidity","tag-secondaries","tag-secondaries-ii","tag-truebridge","tag-venture-secondaries"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=92059"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92059\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/92058"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=92059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=92059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=92059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}