In an exclusive Interview with SecondaryLink, Revelation Partners' Mike Boggs and Industry Ventures' Justin Burden discuss VC secondaries today and the key dynamics driving this market forward.
The employee and early investor auction valued the workplace trust company at over £100 million and marked the third transaction conducted under the PISCES framework.
The order bars a former NPM employee from joining Clarity until May 2027 and prohibits the use of NPM's confidential information.
The sequel fund has secured $150 million from a California pension and will back venture and growth managers through GP stakes, fund commitments, and co-investments.
The new solution will start with a pre-IPO AI company, using tokenized notes that can be bought and sold around the clock on the secondary market.
The CV would reportedly acquire ByteDance and Ant Group stakes at a roughly 30% discount to their combined $1.5 billion NAV.
Existing investors in the German robotics startup, including Sequoia and Lightspeed, participated alongside new backers.
The regulator alleges more than $27 million was raised through schemes involving purported access to SpaceX, OpenAI, SandboxAQ, and Kraken.
The $300 million secondary share sale was led by Wellington and T. Rowe Price and brought in new investors, including EQT, Goldman Sachs, and Sapphire Ventures.
The deal takes liquidity generated for employees and investors to roughly $220 million in just over a year.
