Twin Bridge targets up to $600M for debut secondaries fund

Twin Bridge Capital Partners, a manager specializing in private equity secondaries for small and mid-market firms, is set to launch its first dedicated secondaries fund. The firm aims to raise up to $600 million, with the inaugural close occurring in December and a final close anticipated in the first half of 2027. The Twin Bridge Amplify Fund will primarily focus on single-asset continuation fund deals, with a portion allocated for co-investments and tactical opportunities arising from market disruptions.

The minimum investment per deal is expected to range from $20 million to $40 million, targeting companies with an average enterprise value of $1 billion or less. This move positions Twin Bridge among a growing number of firms capitalizing on the surging secondary-market activity, with deal volume reaching a record $121 billion in the first half of the year.