San Francisco-based Industry Ventures plans to capitalise on Little Hawk Capital’s focus on investments in smaller funds and unfunded commitments.
2 min read · 23 September 2009
The direct VC secondaries firm has exited mobile payment business Macalla a year after making the investment.
2 min read · 15 September 2009
Several 3i partners will join DFJ Esprit’s venture secondaries arm, which will manage a portion of 3i’s European VC assets with backing from Coller and HarbourVest.
3 min read · 14 September 2009
The secondaries firms have established a £170m fund to acquire assets from 3i that will be managed by DFJ Esprit’s nascent secondaries arm, Encore Ventures.
3 min read · 13 September 2009
Jon Moulton’s resignation letter to LPs boldly advises winding down the firm’s non-traditional fund and breaking up the portfolio – a suggestion not lost on rivals and secondary investors.
2 min read · 04 September 2009
The secondaries specialist is working with several institutions on preferred annex fund-type structures that help LPs to meet capital calls and make fresh commitments.
2 min read · 30 August 2009
The listed fund of funds surpassed its target, selling shares at or above its current stock price.
2 min read · 13 August 2009
The superannuation fund has made its first foray into secondaries with a commitment to Partners Group Secondary Fund 2008, which is targeting €2.5bn.
2 min read · 13 August 2009
The Swiss alternatives firm has gathered more than a third of the $750m target for its latest global secondaries fund.
1 min read · 10 August 2009
The Belgian firm has bought three ‘early secondary’ interests in CapMan funds, made one primary commitment and is eying a 10% stake in the management company.
2 min read · 07 August 2009