Venture capital

While LPs are ‘not leaving’ impact, investors have limited capital to deploy into the market, which is heavily dominated by emerging managers, a secondaries buyer said at PEI Group’s New Private Markets Investor Summit.

Soma Capital, which manages $1bn, appears to be one of the first venture firms to seek to hire a ‘head of liquidity solutions’.

Hans Swildens weighs in on Industry’s sale to Goldman Sachs, who the most active sellers in the venture secondaries market are, the current NAV discount for venture assets and more.

Speaking at the CAIS Alternative Investment Summit last week, executives from both firms agreed asset quality has become a more important driver of returns.

Will the Trump administration’s America First Investment Policy fundamentally change global capital flows?

Secondaries Investor launches its inaugural Global Market Survey to map the market, its drivers and the changing nature of the asset class.

GBL’s portfolio includes private equity and venture capital exposure with a weighting towards the mid-market, Secondaries Investor has learned.

Unlike more traditional continuation fund deals, no assets or fund stakes are being rolled into a new vehicle in this deal.