Venture capital

Vintage Secondary Fund V collected about 70% more than its predecessor and was launched and closed in October.

The secondary is the first for Inovia, and represents a rare instance of not only a large continuation fund process in Canada, but one that involves VC assets as well.

The VC secondaries market is booming but buyers should beware entering a booming market at a time of sweeping change.

The investment firm has committed to a double-down fund that Kibo Ventures will use to co-invest in existing portfolio companies as part of the transaction.

Venture capital and infrastructure secondaries made the top 10, while nearly a quarter of all capital closed is payable to Coller’s recent effort.

‘Are we smart financiers or do we really get into the technology? No, we’re psychologists’, managing partner Hugh Stewart tells Secondaries Investor.

The direct secondaries investor has made three exits in as many months and is mulling its first commingled fundraise.

The fundraise is part of total capital commitments of $1.5bn across the most recent series in the firm’s family of funds.

Bracket Capital, which has made a name for itself from its deals in Lyft, Airbnb, Bird and Coinbase, sees opportunities growing in secondaries transactions in venture.

The secondaries firm has gained exposure to a portfolio of around 20 high-growth businesses in the fintech and insurtech sectors.