StepStone raised the largest fund dedicated to investing in venture secondaries ever, the firm announced last week. This fundraise doesn’t just say a lot about StepStone’s venture secondaries investing prowess, but also about how LPs are thinking about the current venture market. The fund, StepStone VC Secondaries Fund VI, raised $ 3.3 billion. This marks […]
‘Secondaries summer’ is over, but 2024 looks promising
Secondary venture activity has ebbed and flowed over the last few months, following a particularly busy summer. But 2024 may see investors returning for good, writes Rebecca Szkutak. Full TechCrunch+ articles are only available to members. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. “The buyer universe for pre-IPOs expands […]