Aquilius Investment Partners, a Singapore-based provider of secondaries solutions in the Asia Pacific region, completes fundraising of its second real estate secondaries flagship fund, AIP Secondary Fund II L.P. (AIP SF II) at $1.1 billion.

The firm said in a statement on Monday that AIP SF II was significantly oversubscribed at the hard cap and closed on over $750 million in capital commitments, surpassing its original $700 million target.

In aggregate, the firm has raised $1.1 billion in capital commitments across its flagship fund and associated vehicles.

Aquilius’ Asia Pacific secondaries program attracted a wide range of global institutional investors, including leading sovereign wealth funds, pension funds, financial institutions, and family offices.

AIP SF II is Aquilius’ second real estate secondaries flagship fund targeting LP-led and GP-led transactions across Asia Pacific, with exposure to ‘new economy’ sectors supported by structural tailwinds including logistics, life sciences, data centers, hospitality and living.

AIP SF II has already deployed approximately 50 percent of total commitments across eight secondaries transactions.

“We are actively capitalizing on a generational buying opportunity for secondaries in Asia,

“This milestone fundraise is a testament to our strong track record and highlights the continued and growing appetite for Asian real estate secondaries investments among LPs, as market volatility and the need for liquidity drives deal volume to record highs,” said Bastian Wolff, Founding Partner at Aquilius.

Christian Keiber, Founding Partner at Aquilius, commented the past 12 months marked a record-breaking year for secondaries volume.

“We are committed to being the leading provider of secondaries solutions in the Asia Pacific region — partnering with institutional investors and fund managers to deliver value through creative, efficient and scalable liquidity solutions while delivering compelling returns to our investors,” he added.

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