North America

Figma’s stock price soared 250% on Thursday after the company went public at $33 a share.

This fundraising brings Yaletown's total active funds under management to approximately $600 million.

The $1.3bn multifamily office allocates 20-30% toward alternatives for most clients, says founder and ex-a16z partner Michael Paulus.

WovenEarth Ventures, which raised $152m for its debut fund of funds last year, is targeting $300m for its second effort.

The $49bn fund is looking for diversification, but is trimming its overall US exposure, says head of PE and sustainable infrastructure Jaime Alvarez.

Our directory, first published in July 2024, has grown to 31 firms that manage more than $94bn in secondaries capital.

The growth-stage tech investor, which is targeting $225m for its fifth flagship, uses a broad range of both primary and secondary deal structures to support its portfolio and LPs.

The biggest winner in a Figma IPO would be Index Ventures, which holds 62.57m shares worth $1.75bn at $28 per share.

Brio developed its LP management software in-house at Brightspark before spinning out and raising a seed round earlier this year.

The giant asset manager's Private Equity Solutions platform will make about 20-25 investments in a mix of early-stage funds and co-investments in later-stage companies.