Venture capital

Montana backs Transamerica VC spin-out

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

Industry Ventures eyes later-stage VC-backed companies with latest raise

Secondary Fund IX is the largest raised by the San Francisco-based manager across its secondaries, fund of funds and direct co-investment platforms.

CEE-focused VC firm holds first close on debut secondaries fund

Flashpoint Secondary Fund is anchored by the Scheinberg family office, which represents the founders and former owners of online gaming website Pokerstars.

Secondaries in 2020: beneath the headline figures

Several reports have come out giving a comprehensive view of the secondaries market in 2020. Here are some things you may have missed.

Greenspring backs Israeli VC GP-led

The process on Giza V was run by Asante Capital, which in June hired ex-Rede Partners secondaries head Yaron Zafir as a senior advisor.

LGT doubles down on Asia with Vertex GP-led

LGT Capital has now backed two of the largest GP-led deals in Asia this year, having participated in IDG Capital’s yuan-to-dollar restructuring in September.

NEA spin-out sets target for direct secondaries fund

VC-focused NewView Capital was formed by a $1.4bn direct secondaries deal backed by Goldman Sachs and Hamilton Lane.

Liberty Street takes control of $200m VC secondaries fund

The SharesPost100 fund, designed to democratise access to VC, is managed by ex-HQ Capital secondaries co-head Christian Munafo.

Seedrs banks on secondaries and private wealth to fuel growth

Crowdfunding platform Seedrs is aiming to attract institutional private wealth.

Summit Partners mulls multi-fund GP-led process

The tech investor is considering giving LPs the chance to sell or roll in a deal likely to be worth more than $1bn, Secondaries Investor has learned.