Key Takeaways
- • Iconiq is raising its eighth tech growth fund, according to PEI Private Equity reporting by Lawrence Aragon dated 16 December 2025.
- • The firm's previous growth fund closed on $5.75bn in July 2024.
- • Prior fund backers included large public pension plans: New York State Common Retirement Fund, State Teachers Retirement System of Ohio, and San Diego City Employees' Retirement System.
Summary
Iconiq is in market with its eighth technology growth fund, PEI Private Equity reported on December 16, 2025. The article, written by Lawrence Aragon, covers the fundraising effort at a high level, and the available source text does not disclose the target size, hard-cap, or current commitments for the new vehicle.
The reference point for the raise is the firm's prior tech growth fund, which closed on $5.75bn in July 2024. According to the report, that vehicle drew support from large US public pension plans, including the New York State Common Retirement Fund, the State Teachers Retirement System of Ohio, and the San Diego City Employees' Retirement System. Continued backing from public pensions of this profile is a useful signal for allocators tracking the manager's fundraising trajectory.
For institutional investors evaluating growth-stage technology exposure, the story indicates that Iconiq continues to return to market at a regular cadence, with the eighth fund in the series. Further details on the new fund's size, terms, and investor lineup were not included in the primary source.
The reference point for the raise is the firm's prior tech growth fund, which closed on $5.75bn in July 2024. According to the report, that vehicle drew support from large US public pension plans, including the New York State Common Retirement Fund, the State Teachers Retirement System of Ohio, and the San Diego City Employees' Retirement System. Continued backing from public pensions of this profile is a useful signal for allocators tracking the manager's fundraising trajectory.
For institutional investors evaluating growth-stage technology exposure, the story indicates that Iconiq continues to return to market at a regular cadence, with the eighth fund in the series. Further details on the new fund's size, terms, and investor lineup were not included in the primary source.
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