Apogem, a private markets investment firm, has closed its PA Secondary Fund VI with around $614 million in total capital commitments.

The fund exceeded its target size of $500 million and represents more than a double increase of the size of its predecessor fund. Apogem’s secondaries team continues to build a portfolio of complex and traditional growth, buyout and turnaround investments across the middle market.

“We believe our leadership position in the middle market is even stronger following the closing of the merger with PA Capital, Madison Capital and GoldPoint Partners,” said Michael Zeleniuch, managing director at Apogem Capital. “We offer innovative and timely solutions to LPs and GPs and believe our PASF VI program1, which represents almost $900 million in committed capital, has never been more relevant. The addressable universe of middle market LP and GP secondaries that we pursue continues to grow, and we feel we are exceptionally well positioned given our multi-decade history in the space.”