IPEM Cannes 2024 – The Daily Spin – January, 25th
The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga,…
Read more
To be continued…
GP-led or continuation funds are set to be the next area of focus for Sequoia Heritage, as it looks to invest in complex opportunities.
This will be the private investment firm’s second foray into PE secondaries, having established Pinegrove Capital Partners last August with Brookfield to acquire stakes in VC funds. This new investment sees Sequoia Heritage continue its journey by pledging upwards of $200 million to Cody Kittle’s RenWave Kore, whose inaugural fund will invest in continuation fund deals; specifically complex situations where the assets are difficult to value, and which GPs feel have further value to unlock. This is just the latest of many more chapters, as the GP secondaries marketplace builds its heritage.
Get notified for IPEM Paris 2024 on September 9-11 at the Palais des Congrès
Over 6,000 delegates from 2,000 firms, including 1,000 LPs and 700 GPs, will be there, don’t miss the opportunity to connect with them!
Become part of the IPEM Community
We help foster and engage the Private Capital community internationally through our live and digital events. Join thousands of your peers and enjoy new connections!
Highlights
Follow us
Latest News
Specialization continues to influence Europe’s VC & Growth Market
Europe’s venture capital industry is still trying to find its feet, as it recovers from a sluggish 2023. The second quarter of the year was encouraging, with $15.6 billion raised.…