Industry Ventures has closed its $400 million secondary fund. The Industry Ventures Fund VI focuses on providing liquidity alternatives for venture capital and growth equity investments. With the fund, the firm will continue to invest in secondary direct, limited partnership interests and other special situations. Capstone Partners served as sole global placement agent for the fund. Additionally, the firm recently closed a $155 million Special Opportunities Fund, bringing total capital under management to more than $1 billion.
Click here for the release from Industry Ventures.