Backed by Cube Ventures, the marketplace aims to unlock liquidity for venture investors in the region.
The new identity is part of a complete rebrand and rebuild, including the introduction of a portfolio feature, new trade mechanics, and the scrapping of its "(in)famous public orderbook."
Pinnacle Growth & Secondary Fund combined primary capital and secondary share purchases in the automotive platform.
William Sarris's former second-in-command, Joseph Endoso, pleaded guilty in August to participating in the alleged scheme.
The new offering, Sponsor Capital Solutions, will be led by Justin Garrod, who joins as Managing Director.
The alternative asset manager, which has begun the process of listing in India, is reportedly targeting $131 million for the strategy.
The vehicle targets follow-on investments in the firm's portfolio companies, later-stage co-investments, and secondaries.
Shinhan Innovation BDC No. 1 will invest at least 60% of its assets in "innovative companies" and LP-led secondary transactions.
The Utah-based company raised $2 million in a pre-seed round led by New Stack Ventures.
The Category II AIF targets pre-IPO and secondary market opportunities in India.
