In a first for HighVista Strategies, a backer of emerging managers and independent sponsors, the firm accounced it has collected $800 million for its 11th fund within four months, Buyouts can reveal. 

HighVista invests in primaries, secondaries and co-investments across lower mid-market private equity. Fund XI marks the first time HighVista has raised a fund within four months. This comes as the average fundraising period among PE sponsors has been hovering around 18 months. 

Fund XI was launched in September with a target of $725 million. The firm had its first close in December last year, as Buyouts previously reported.

Read full press release here.