Ryan Hibbison

The London-based firm’s strategy is based on a preferred equity approach to give GPs, LPs and companies short-term liquidity.

Backed by LPs including family office Infinitas Capital, Opportuna plans to target $30m once investors are satisfied with its initial five-company portfolio.

Evercore’s latest Secondaries Market Review paints a reassuring picture for the multiple new entrants to the venture secondaries market.

The venture secondaries market is taking off, yet many GPs and LPs are still unfamiliar with how such transactions work.

New and existing VC secondaries players have raised billions in fresh capital as liquidity needs show no signs of slowing.

The firm believes VC secondaries will shift venture capital from an illiquid to liquid asset class in the near future, according to founding partner Alan Vaksman.

Longstanding LP relationships and market dynamics helped the firm raise the biggest pool of capital for venture secondaries, according to partner John Avirett.