Tag: secondaries
General Catalyst is working on a ‘continuation’ fund worth up to $1B, sources say
General Catalyst, one of Silicon Valley’s largest capital firms, is gearing up to launch what’s known as a “continuation fund” worth between $800...
Investors are already valuing OpenAI at over $100B on the secondaries market
OpenAI is in talks to raise a new round of funding at an eye-popping $100 billion-plus valuation, sources told The Wall Street Journal...
Palico is now the first FINRA-approved company to facilitate online LP-led secondaries deals
Limited partners selling their investment stakes in venture capital funds to other LPs on the secondary market is nothing new. But traditionally these...
Industry Ventures raises a $900M fund for investing in small, early-stage VCs and their breakout startups
The venture fundraising trend in 2024 is fairly clear by now: Large, established VC firms are continuing to attract capital from limited partners,...
What StepStone’s $3.3B venture secondaries fund tells us about LPs’ current appetite for venture
StepStone raised the largest fund dedicated to investing in venture secondaries ever, the firm announced last week. This fundraise doesn’t just say a...