Technology

The hires bring the total number of languages spoken by employees at the European mid-market secondaries firm to 21.

Five advisory heavyweights discussed the state of the secondaries market at an event held by the law firm this month in New York. Here’s what they said.

VC Secondaries Fund V is being raised by the recently acquired Greenspring Associates team, whose last independent secondaries fund was $800m in size.

The Minneapolis-headquartered firm is investing the $220m Clean Growth V, which counts Oklahoma Police Pension and Retirement System among its investors.

Let us know your highlights from the past year in what will be the 20th year of affiliate title Private Equity International’s PEI Awards.

Vintage Secondary Fund V collected about 70% more than its predecessor and was launched and closed in October.

Village Global has backed stake-trading start-up Liquidly, which plans to open its first liquidity window in Q4.

The firm has used the secondaries market to institutionalise its investor base and is increasingly appearing as a buyer in real estate deals.

The investment firm has committed to a double-down fund that Kibo Ventures will use to co-invest in existing portfolio companies as part of the transaction.

Until technology providers can provide the market with sufficiently standardised transaction templates, their solutions will be accretive, not revolutionary.