Hamilton Lane Global Venture Capital and Growth Fund provides global investors with access private market assets through secondaries and co-investments.
HarbourVest's FTSE 250-listed trust, which has a 29% allocation to secondaries, first announced plans in April to narrow its persistent discount to NAV.
Stableton will contribute its secondary market expertise, while Mnaara provides a Shariah-compliant investment methodology to target the 15 largest private tech unicorns in developed markets.
The recently registered tender offer fund will invest in venture capital and growth opportunities across LP-led secondaries, direct secondaries, continuation vehicles, and co-investments.
Managed by Fundcraft France and initially distributed exclusively by Rhétorès Finance, the vehicle will combine primary and secondary investments, with monthly subscriptions and quarterly redemptions.
The Swiss firm's flagship semi-liquid strategy tracks the Morningstar PitchBook Unicorn 20 Index primarily through secondaries.
The newly registered tender offer fund will primarily target mid- to late-stage private tech companies through primary and secondary investments.
The Dutch investment manager is expanding into GP stakes investing while also developing a dedicated open-ended strategy for managing secondary investments.
Institutional Link dives into HLGVG's share class performance, portfolio makeup, and other details of the Luxembourg-domiciled SICAV fund.
Adams Street Venture & Growth Fund will allocate 60-80% of its capital to secondary investments.
