Industry Ventures takes $265M for secondary fund
Capital may be running thin these days, but the secondary market — where already-issued stocks, bonds, options and futures are sold — continues to thrive. Industry Ventures , which specializes in acquiring venture portfolios and limited partnership interests, is a major beneficiary of the trend,… Continue Reading
The dry IPO market is creating demand for alternate liquidity
The second quarter, closing Monday, is expected to be the worst in recent history for initial public offerings, as the stock market continues to face stormy conditions. An estimated 44 IPOs were pulled during the year due to lousy market conditions. And that has shareholders,… Continue Reading
Industry Ventures raises $105M fund for “secondary” investments
San Francisco’s Industry Ventures, a firm that focuses on buying up the stakes in companies from venture capital firms that want to exit those investments, said it has raised a fourth fund of $105 million.
It operates in the so-called “secondary” market, referring to the… Continue Reading