Key Capital's debut fund, which targets positions in tech companies through off-cap-table transactions, has already completed two transactions to date.
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.
Existing investors in the German robotics startup, including Sequoia and Lightspeed, participated alongside new backers.
Pinnacle first backed the Saudi hospitality startup's $72 million Series B in 2025, when Gathern was valued at more than $267 million.
The Geneva-based firm targets late-stage single-asset secondary investments across technology and digital ventures.
TrueBridge Secondaries II will invest in venture funds and direct secondary transactions involving venture-backed companies.
Pinnacle Growth & Secondary Fund combined primary capital and secondary share purchases in the automotive platform.
The alternative asset manager, which has begun the process of listing in India, is reportedly targeting $131 million for the strategy.
LTC Invest Fund V, which is targeting $250 million in size, is reportedly anchored by Founder and CEO Konstantin Sidrov and Revolut Chairman Martin Gilbert.
Avendus Future Leaders Fund III, which is already 30% deployed, has invested ~$15 million in Parag Parikh Financial Advisory Services via secondary.
