The VS secondaries firm’s 10th flagship has closed on $1.45bn, making it 70% larger than its previous effort.
4 min read · 27 September 2023
3Spoke Capital provides structured secondary liquidity to LPs, GPs and investors who own direct interests in companies.
2 min read · 25 September 2023
At a recent event focused on ‘the future of venture secondaries’, GPs and LPs shared the reasons they are so keen on the space.
4 min read · 23 August 2023
The fundraise comes as the same time as the firm has taken the lead on a healthcare-focused single-asset continuation fund transaction.
2 min read · 15 August 2023
The fund’s strategy will take advantage of the current market setup, Irving Investors portfolio manager Jacob Sonnenberg said.
3 min read · 10 August 2023
Bid prices are averaging 40% to 65% of NAV for VC secondaries, according to Industry Ventures founder and chief executive Hans Swildens.
3 min read · 07 August 2023
Venture capital and growth fund stakes fell to account for 9% of secondaries volume last year, from 18% the prior year.
2 min read · 12 July 2023
The deal, which has been in market since at least earlier this year, is separate from the widely reported ‘strip sale’ Tiger has been running to sell stakes in direct assets.
3 min read · 22 June 2023
Around 20 minority stakes in venture-stage climate companies have been moved into an externally managed continuation fund.
3 min read · 20 June 2023
