Twin Bridge Capital Raised Funds for New Secondary Effort

The Chicago-based firm has secured $300 million toward a $600 million target for its first dedicated secondaries fund.

Updated on Sept. 23, 2026 in Business Strategy

Bold flat-color editorial illustration of stacked industrial weights and a brass pivot, representing financial structure and fund tiers. — Chicago-based Twin Bridge Capital Partners has raised $300 million toward a $600 million target for its newly launched Amplify Fund. AI Illustration. Upload story photo >

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Chicago-based Twin Bridge Capital Partners has launched the Twin Bridge Amplify Fund, a new private equity vehicle seeking $600 million. The fund reached an interim close of $300 million in December.

Why it matters

The firm is expanding into the secondary market to capitalize on growing industry activity, where single-asset continuation deals have become a significant component of broader deal volume.

Twin Bridge targets a $600 million raise for the Amplify fund, with $300 million already secured in an interim close. The firm also closed its sixth flagship fund of funds at $855 million in May 2026.

The players

Twin Bridge Capital Partners

This Chicago-based private equity firm manages multi-billion dollar investment portfolios and specializes in fund of funds and secondary market strategies.

The details

The Amplify Fund targets single-asset continuation deals with investment sizes ranging from $20 million to $40 million for companies valued at $1 billion or less. Strategy allocations include 25% for co-investments and 20% for tactical market opportunities.

December 2025: The Amplify fund held an interim close with $300 million.
January 1, 2026: Twin Bridge Capital Partners held $5.2 billion in assets under management.
May 2026: The firm finished raising its sixth flagship fund of funds with $855 million.
First half of 2026: Secondary deal volume across the industry reached $121 billion.
First half of 2027: The firm expects the fund to reach a final close.

Market Landscape

Twin Bridge is entering the dedicated secondaries market as it continues to grow relative to the $121 billion secondary deal volume recorded in the first half of 2026. This move allows the firm to compete more directly for single-asset continuation deals alongside its existing sponsor relationships.

This fund expansion does not change retail pricing or consumer product availability for clients. It primarily signals a shift in the investment strategy and capital allocation focus of the private equity firm.

The takeaway

The move underscores the increasing institutional shift toward GP-led secondary deals as a mainstream exit strategy. Investors should note that private equity firms are increasingly diversifying into specific continuation vehicles to manage asset lifecycles.