TrueBridge Secondaries II will invest in venture funds and direct secondary transactions involving venture-backed companies.
Industry Ventures Secondary XI is the first fund launched since Goldman Sachs acquired the San Francisco-based manager last year.
William Sarris's former second-in-command, Joseph Endoso, pleaded guilty in August to participating in the alleged scheme.
The strategy is reportedly targeting $1 billion, three years after General Atlantic took a minority stake in Clipway.
Coordinated by KOFIA, the initiative aims to support venture exits and recycle capital through direct investments and a joint fund.
The deal valued the San Francisco-based software company at $2.5 billion, with Accel and 01A participating alongside new investors Salesforce Ventures and S32.
Avendus Future Leaders Fund III, which is already 30% deployed, has invested ~$15 million in Parag Parikh Financial Advisory Services via secondary.
The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
Key Capital's debut fund, which targets positions in tech companies through off-cap-table transactions, has already completed two transactions to date.
The oversubscribed fund will target technology investments through direct secondaries.
