Carrick’s first CV delivers 10x MOIC to Fund II LPs
Tuesday, September 1, 2026 · first reported by Venture Capital Journal and 3 others
Carrick Capital closed $600M continuation vehicle around Saviynt (identity-security SaaS); new $255M investment (firm's largest) led by Coller Capital and HSBC Asset Management. Existing LPs offered 11x gross / 10x net realized multiple or roll into vehicle.
- Fund
- Carrick Capital Partners Fund II Continuation Vehicle
- Size
- $600M
- Stage
- Final close
- People
- Jim Madden
- Asset class
- Secondaries, Venture
- Geography
- North America
Advisers Proskauer (fund counsel), Latham & Watkins (fund counsel), Baird (financial adviser)
In the directory
- Latham & Watkins · Legal counsel · fund lawyers at the firm
- Proskauer Rose · Legal counsel · fund lawyers at the firm
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
4 sources- Venture Capital JournalCarrick’s first CV delivers 10x MOIC to Fund II LPs
- AltAssetsCarrick delivers 11x Saviynt return via $600m continuation fund, reinvests record $255m
- Private Equity ProfessionalCarrick Closes $600 Million Continuation Vehicle for Saviynt
- HedgeCoCarrick Closed a $600 Million Continuation Vehicle Around Saviynt
More in Secondaries & GP stakes
From the same day- CVC raises record $10bn for latest secondaries fundPrivate Equity Wire +7
- Netley Capital Announces Final Close of Flagship Tertiaries Fund at an Extended Hard Cap, and Total Capital Commitments for its Tertiaries Strategy of $1.2 billionBusiness Wire +2
- EQT Completed Its Combination With Coller Capital as Coller EQTHedgeCo
- Pantheon takes $5.3bn infrastructure secondaries strategy into evergreen market with PGIS launchAltAssets
- Shell duo to lead Alantra energy transition secondaries businessNew Private Markets