The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
Founded in 2000, Saints Capital specializes in venture secondaries with a focus on GP-led transactions.
The Sydney-based firm launched in May as an AI-focused secondaries investor, targeting opportunities through GP-led and direct secondary transactions.
The alternatives manager also gave updates on the fundraising status of several other secondaries strategies spanning private equity, GP-leds, venture capital, and infrastructure.
The recently registered vehicle will target late-stage private technology companies through primary and secondary investments.
Pinnacle Ventures will provide angel and sophisticated investors with access to deal-by-deal venture investments in UK tech companies and pre-IPO secondaries.
This will be the first of several planned vehicles aimed at advancing secondary market activity, primarily in the Japanese market.
In this episode of the 'How I Invest' podcast, Host David Weisburd speaks with HarbourVest's Scott Voss on why continuation vehicles and evergreen structures are transforming private markets.
The firm, which spun out of Alumni Ventures, has already closed an oversubscribed debut fund, with a follow-up vehicle in the pipeline.
March PE Secundarios I, which has a target size of €60 million, will focus on GP-leds and direct minority co-investments.
