Whitehorse Liquidity Partners, a Toronto-based preferred equity specialist, is aiming to raise $6 billion for its successor fund, Whitehorse Liquidity Partners VI. This fund seeks to exceed its predecessor by about 13%, with the previous fund, Whitehorse Liquidity Partners V, having closed at $5.3 billion in July, surpassing its $5 billion target.
The firm's focus includes various liquidity strategies, such as portfolio acquisition and division into preferred and common equity tranches, syndication of common equity, preferred equity for LPs, fund-level liquidity to assist GPs with portfolio companies, and GP management company liquidity. Whitehorse Liquidity Partners VI was registered in Delaware in June 2023, and the fundraising target represents a 20% increase over the initial target.