Sentence examples for secondary fund from inspiring English sources

REUTERS Morgan Stanleyey Said to Be Looking to Raise Secondary Fund  |  A division of the firm's asset management business is seeking up to $750 million for a fund to invest in existing private equity stakes, Bloomberg News reports, citing an unidentified person with knowledge of the matter.

We have no plans to do a secondary fund," said Volpi.

In recent years, banks have been offering secondary fund vehicles in the form of SPVs.

Continuing the announcement extravaganza, Israel Secondary Fund launched a $100 million slush fund in early February.

VC firm Industry Ventures has closed its Fund VI, a $400 million secondary fund focused on providing liquidity alternatives for venture capital and growth equity investments.

About $500 million is for the secondary fund and $200 million is separated into a special opportunities fund, in case Industry Ventures sees more opportunity beyond the initial $500 million.

Believe it or not, this is how the rich can get richer -- though an increasing number of firms are giving upper-middle-class clients entree to secondary funds that invest in hedge funds for as little as $100,000.

Crunchbase reports Datalogix also received an undisclosed amount of secondary funding in August.

He explained that there are three aspects behind the secondary funding strategy.

(The Series B also included an additional $5 million in secondary funding, seeing some investors at least partially exit.

However, this includes some secondary funding, meaning that a minority of the new capital won't find its way into Quinyx's coffers.