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Industry Ventures’ Swildens on VC secondaries

Hans Swildens is chief executive and founder of the venture capital-focused fund of funds and secondaries specialist. He speaks to Secondaries Investor about who's selling what, the rise of corporate spin-outs, and how small and complex rules the day.

SwanCap nears final close on third fund

The firm is more than 85% of the way to its target for Opportunities Fund III, which invests in direct secondaries in Europe and North America.

Three questions with Vintage Partners’ Alan Feld

The Israel-based fund of funds has just closed its fourth secondaries fund on $215m. Co-founder Alan Feld discusses the opportunities he is seeing in the market and how secondaries investors need to do more for the companies and GPs they work with.

Portfolio Advisors holds final close on RE FoF

The 80% invested fund has closed 26 secondaries deals.

Verdane exits Swedish defence company

The Nordic direct secondaries firm acquired the interest in Exensor in 2013 when it acquired the remaining assets of a 2000-vintage VC fund.

Penn SERS commits $100m to Asia Alternatives

The US pension has backed the fund of funds' latest vehicle and has also committed to an SMA with the Asia-focused manager.

NYPPEX: darkening sentiment drives directs volumes

Lower price expectations drove an 18% increase in direct secondaries transactions during the first half of the year, according to a report by NYPPEX.

Cipio closes Fund VII above target – exclusive

The €174m direct secondaries fund has already made three investments.

Lexington buys raft of stakes from German media firm

The stakes were accrued as part of ProSiebenSat 1 Media's 'media-for-equity' programme, through which it exchanges media coverage for equity stakes in promising companies.

NewQuest taps Bain exec for India push

The direct secondaries firm formally opened its Mumbai office this week.