BOSTON, April 7, 2026 – Proskauer advised Apogem Capital (“Apogem”) on the closing of its seventh and largest secondaries fund, Apogem Secondary Fund VII (“ASF VII”) at its $1.43 billion hard cap. Including employee commitments, ASF VII raised over $1.45 billion, exceeding its $1 billion target and more than doubling the size of its predecessor fund.
ASF VII pursues the firm’s established strategy of building a diversified portfolio of GP-led and LP secondary transactions across the North American middle market. Apogem has a longstanding focus on the segment and a well-established track record as a sole buyer in LP secondaries and as a lead or co-lead investor in GP-led transactions.
The Proskauer team was led by partner Howard Beber and associates Kristopher Yingling, Brooke Parmalee and Sofia Aizenman (Private Funds) and partner Stephen Severo and associate Julia Sullivan (Tax).
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