We dive into the sports-focused interval fund, which targets investment opportunities through primaries, secondaries, and co-investments.
Adams Street Venture & Growth Fund will target private companies in the early and growth stage through secondaries and co-investments.
The registered interval fund is designed to give investors, regardless of accreditation status, exposure to the long-term growth of private asset managers.
The Ethereum-based share class follows SEC relief that gives investors in the interval fund another liquidity channel.
The two interval funds give wealth management clients access to private equity, including secondaries and co-investments.
ARK has outlined plans to list Class X shares on the Texas Stock Exchange under ARKV and offer a separate tokenized class, providing investors with additional liquidity options.
We highlight key features of the newly registered interval fund, which will combine public growth investments with private-market exposure, including secondaries and co-investments.
As of March, secondaries accounted for 48.2% of the tender offer fund's portfolio, according to EvergreenLink Data.
The interval fund targets venture companies through primary and secondary investments, and currently holds stakes in Kalshi, SpaceX, Databricks, and Runway AI.
The Forge-managed interval fund will target late-stage growth companies represented in the Forge Accuidity Private Market Index, mainly through secondaries.
