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Secondaries

Carlyle AlpInvest Private Markets Fund

Formation2022
CategoryTender Offer Fund
Net Assets

$3.2B

NAV YoY

+251%

Portfolio Composition

Geography

US
74.00%
Europe
23.00%
Rest of World
3.00%

Strategy

Co-Investment
34.00%
Secondary GP Centered Multi-Asset
23.00%
Secondary GP Centered Single-Asset
15.00%
Secondary LP Portfolio
22.00%
Fund Investments
6.00%

Portfolio composition data sourced from regulatory filings.

Sekond Intelligence

Liquidity RiskB+
Fee Impact1.45%
Quality of Return1.6x

Deeper Analysis

Institutional intelligence and portfolio transparency

Reported as of September 2025

Principal Portfolio Holdings

HoldingValueAllocation
Hidden Harbor Capital Partners Continuation Fund L.P.
$112.1M3.48%
GA Continuity Fund II, L.P.
$110.3M3.42%
Bain Capital Beacon Holdings, L.P.
$109.6M3.40%
Proprietary Exposure
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Proprietary Exposure
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About This Fund

The Carlyle AlpInvest Private Markets Fund is a '40 Act registered closed-end investment company managed by AlpInvest Private Equity Investment Management, LLC. It opportunistically allocates across three strategies: direct investments alongside private equity funds, secondary purchases of fund interests, and primary subscriptions to private equity funds. The fund invests globally while also holding broadly syndicated term loans for liquidity management. It offers quarterly repurchase opportunities and seeks long-term capital appreciation through private markets exposure.