US

'One of the things we’ve changed over the past couple years is we’re getting exposure to earlier rounds,' said UNF CIO Brian Neale.

New legislation that sets clearer rules for the sector is helping drive increased investment and adoption by mainstream financial institutions.

Investors are on pace to commit to 10% fewer venture funds this year, according to Venture Capital Journal research.

Former Intel Capital directors closed on $305m for their third flagship fund, which will make direct secondary purchases from founders, employees and early investors in data infrastructure, cybersecurity, fintech, robotics and next-gen gaming companies.

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

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.