The London-based startup aims to address private credit's fund-level liquidity, which remains constrained by available cash and redemption terms.
Donerail Private Markets will target large secondary trades in late-stage private companies, with a focus on AI, enterprise software, and fintech.
The SEC application would allow ARK-advised funds to add exchange-listed and tokenized share classes, giving investors another way to access the secondary market.
The collaboration with LODAS Markets will first provide an additional liquidity pathway to investors of Harrison Street AM semi-liquid evergreen funds.
Subscribers can now receive instant email notifications of new stories, research reports, job listings, and deals on the firms and market developments that matter most.
The platform combines transaction-based pricing, cap-table data, source documents, and waterfall analysis across more than $5 trillion of private companies.
