Montana Capital Partners Successfully Completes $1.4 Billion Fund OSP VI Following PGIM Acquisition

Montana Capital Partners recently announced the final close of its MCP Opportunity Secondary Program VI (OSP VI), raising $1.4 billion for private equity secondaries. This significant fund focuses on mid-market relative value opportunities across GP-led and LP-led transactions in North America and Western Europe. Following a first close in 2024, OSP VI received robust re-ups from existing limited partners, including sovereign wealth funds and pension funds, as well as commitments from new institutional investors. The firm has successfully deployed over 50% of the fund already, capitalizing on increased demand for mid-market secondaries strategies. Recent transactions include a diversified portfolio acquired with a Chinese insurer and a partnership with Prudential Financial, Inc. Notably, OSP VI is the first fund since MCP’s acquisition by PGIM in 2021, expanding the firm’s managed assets to over $5 billion. Dr. Stephan Wessel emphasized the firm’s strategic position and rigorous investment process in the growing secondary market.

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