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secondaries direct

Half of family offices, foundations invest in secondaries

Less than a quarter of them have either sold or purchased fund interests on the secondaries market, according to a survey by PEI's Research and Analytics division and Montana Capital Partners.

Founders Circle starts raising second fund

The direct secondaries firm focuses on providing capital to founders, executives and employees of venture capital-backed start-ups who seek liquidity.

Greenspring Global Partners VII closes with $450m

The firm’s seventh venture capital fund of funds will make some secondaries investments in funds and companies.