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June 20, 2016 11:00 am GMT
Industry Ventures, one of the largest buyers of secondary shares, has raised about $700 million to purchase more equity from VCs, hedge funds, startup employees and others. About $500 million is for the secondary fund and $200 million is separated into a special opportunities fund, in case Industry Ventures sees more opportunity beyond the initial $500 million. Industry Ventures, which is also… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pelp4FgbH-I/
Industry Ventures raises $700 million to buy secondary shares
Industry Ventures, one of the largest buyers of secondary shares, has raised about $700 million to purchase more equity from VCs, hedge funds, startup employees and others. About $500 million is for the secondary fund and $200 million is separated into a special opportunities fund, in case Industry Ventures sees more opportunity beyond the initial $500 million. Industry Ventures, which is also… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/pelp4FgbH-I/
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