The secondaries platform's financing round was led by new investor Cerity Partners.
The equity management platform is expanding into private market liquidity, with plans to develop a secondary marketplace for company-approved transactions.
The former PJT Partners Director will take charge of NPM's newly acquired fund secondaries business in November.
The secondary share sale reportedly values the defense tech company at $90 billion.
PKF O'Connor Davies examines the role of secondary transaction prices in fair value assessments, focusing on timing, comparability, and transaction conditions.
Setter Capital ranks the most in-demand venture-backed companies in the global secondary market.
The firm will reportedly pay about $350 million for a 40% interest, implying an equity valuation of roughly $875 million for the Israeli camouflage technology manufacturer.
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 CV would reportedly acquire ByteDance and Ant Group stakes at a roughly 30% discount to their combined $1.5 billion NAV.
