Nimble Partners Opportunities Fund III is targeting $200 million in capital commitments, SecondaryLink has learned.
The sequel fund has secured $150 million from a California pension and will back venture and growth managers through GP stakes, fund commitments, and co-investments.
Existing investors in the German robotics startup, including Sequoia and Lightspeed, participated alongside new backers.
The $300 million secondary share sale was led by Wellington and T. Rowe Price and brought in new investors, including EQT, Goldman Sachs, and Sapphire Ventures.
The deal takes liquidity generated for employees and investors to roughly $220 million in just over a year.
TrueBridge Secondaries II will invest in venture funds and direct secondary transactions involving venture-backed companies.
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.
