The equity management platform is expanding into private market liquidity, with plans to develop a secondary marketplace for company-approved transactions.
Setter Capital ranks the most in-demand venture-backed companies in the global secondary market.
Adams Street Venture & Growth Fund will target private companies in the early and growth stage through secondaries and co-investments.
The firm will reportedly pay about $350 million for a 40% interest, implying an equity valuation of roughly $875 million for the Israeli camouflage technology manufacturer.
The new identity is part of a complete rebrand and rebuild, including the introduction of a portfolio feature, new trade mechanics, and the scrapping of its "(in)famous public orderbook."
William Sarris's former second-in-command, Joseph Endoso, pleaded guilty in August to participating in the alleged scheme.
The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
The Utah-based company raised $2 million in a pre-seed round led by New Stack Ventures.
Backed by Cube Ventures, the marketplace aims to unlock liquidity for venture investors in the region.
After years of helping private companies run liquidity programs, the secondaries platform has now done so for its own team.
