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Industry Ventures launches new fund

The firm has begun to fundraise on its eighth secondaries fund.

By
Omar Alam
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  • Fund name: Industry Ventures Secondary IX
  • Target amount: $750 million
  • Strategy: Secondaries
  • Predecessor fund: Industry Ventures Secondary VIII
  • Launch Date: July 2020

Industry Ventures launched its newest fund, Industry Ventures Secondary IX, in July. The vehicle will be targeting $750 million for investments into the Secondary Ventures market. If the firm manages to raise its target it will be the largest fund in the series, surpassing its predecessor fund for which Industry Ventures collected $500 million of institutional capital.