As of March, secondaries accounted for 48.2% of the tender offer fund's portfolio, according to EvergreenLink Data.
We highlight key features of the newly registered interval fund, which will combine public growth investments with private-market exposure, including secondaries and co-investments.
The newly registered tender offer fund will primarily target mid- to late-stage private tech companies through primary and secondary investments.
One of which, Hamilton Lane Private Secondary Fund, raised its investment capacity by $500 million and saw its NAV climb 1.6x QoQ to $409 million as of March.
Neuberger Private Markets Access Fund, a $2.5 billion tender offer fund targeting small- and mid-cap companies, allocated 17% of its capital to GP-led secondaries as of June.
The interval fund targets venture companies through primary and secondary investments, and currently holds stakes in Kalshi, SpaceX, Databricks, and Runway AI.
We analyze the subscriptions, redemptions, net capital share transactions, and distributions across '40 Act secondary funds, leveraging EvergreenLink data.
We examine the capital flows, investment activity, and performance of the secondaries-focused tender offer fund, leveraging EvergreenLink data.
We examine the Q4 capital flows, investment activity, and performance of the tender offer fund, leveraging EvergreenLink Data.
Institutional Link analyzes the top performing '40 act secondary funds as of Q3 across one-, three-, and five-year periods, as the strategy continues to outperform peer groups.
