Investor Lists

Funds of funds at growth

Updated 7 November 2026

Funds of funds we have watched take part in a growth round in the last two years.

10investors on the listNo change this week
53cheques in 12 months+21% against the market
$177Mmedian round they joined+2107% against the market median
90%wrote a cheque in 12 months
50%have led a round

The Top 10

Ordered by cheques observed, never by anything anyone paid for

Deploying now (9)

  1. 1StepStone GroupDeploying nowFund of funds · United States111$60Mmedian roundSept 2026last seen
  2. 2HarbourVest PartnersDeploying nowFund of funds · United States93$54Mmedian roundJun 2026last seen
  3. 3Oaktree Capital ManagementDeploying nowFund of funds · United Arab Emirates10$400Mmedian roundOct 2026last seen
  4. 4KfW CapitalDeploying nowFund of funds · Germany4$291Mmedian roundSept 2026last seen
  5. 5Swedfund InternationalDeploying nowFund of funds · Sweden4$62Mmedian roundJul 2026last seen
  6. 6British Patient CapitalquietFund of funds · United Kingdom3$55Mmedian roundAug 2025last seen
  7. 7Oak Hill AdvisorsDeploying nowFund of funds · United States2$513Mmedian roundDec 2025last seen
  8. 8SanabilDeploying nowFund of funds · Saudi Arabia2$49Mmedian roundSept 2026last seen
  9. 9Atacama VenturesDeploying nowFund of funds · United States1$462Mmedian roundDec 2025last seen
  10. 10Galdana VenturesDeploying nowFund of funds · Spain1$300Mmedian roundFeb 2026last seen

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Quick answers about funds of funds at growth

Who are the most active funds of funds at growth?

By cheques observed, the most active are StepStone Group, HarbourVest Partners, Oaktree Capital Management, KfW Capital and Swedfund International.

How many funds of funds at growth are there?

10 are on record. 90% made an investment in the last 12 months and 50% have led a round.

Which stages do funds of funds at growth back?

Of the rounds with a named stage in the last 12 months, mostly Series C (26%) and Growth (23%).

How big are the rounds funds of funds at growth join?

The typical (median) round among the leading investors here is $291M.

Which sectors do funds of funds at growth back most?

In the last 12 months, mostly AI, Energy and Fintech.

Which funds of funds at growth lead the most rounds?

StepStone Group (5 led), HarbourVest Partners (4 led) and Sanabil (2 led).

Where are funds of funds at growth based?

Among the most active, most are based in the United States (4), the United Arab Emirates (1) and Germany (1).

What have funds of funds at growth invested in recently?

Recent rounds include Waymo (Debt, Oct 2026, with Oaktree Capital Management), SiMa.ai (Series C, Sept 2026, with StepStone Group) and Reverion (Series B, Sept 2026, with KfW Capital).

Built from the rounds we watched, refreshed every night. How we count · Report a correction