The Denver-headquartered firm recently appointed Osnat Velingard in Tel Aviv to lead the firm's secondary strategy, which targets growth-stage tech companies.
Industry Ventures Secondary XI is the first fund launched since Goldman Sachs acquired the San Francisco-based manager last year.
The former Co-Head of Secondaries at Lombard Odier has over two decades of institutional private markets experience across secondaries, private equity, venture capital, and special situations.
Ibex Secondary II has attracted 150+ investors, raising nearly twice the $40 million secured by its 2024 predecessor.
TrueBridge Secondaries II will invest in venture funds and direct secondary transactions involving venture-backed companies.
The firm has appointed Loïc Beaumont as Head of Private Equity to lead the initiative that targets LP-led secondary positions in European buyout funds.
Engler brings over two decades of technology experience and will lead operations and build the infrastructure behind each deal.
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 $1 billion manager closed its debut secondary fund in 2024 with $40 million in capital commitments.
