Technology-focused hedge fund aims to return money to investors by tapping secondary market via IrishTimesBiz
The decision to try to tap the private equity secondary market to generate cash highlights a growing problem private investment firms are facing: how to return money to their backers. Sources told the Financial Times that other large venture capital firms have also been studying similar sales of parts of their private portfolios.
Globally, the amount of money raised through IPOs in the first quarter of this year fell 61 per cent to $21.5 billion against the same time period last year. The secondary market has become an increasingly popular tool to help firms return cash to their investors while public markets have been shut. It can also enable firms to hold on to private companies they own for longer periods than a typical fund structure usually allows.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Irish Times removes opinion piece following AI claimsThe opinion piece, which claimed fake tan was a form of cultural appropriation, has been removed following claims online that artificial intelligence technology may have written it
Read more »
Irish Times removes opinion piece following AI claimsThe opinion piece, which claimed fake tan was a form of cultural appropriation, has been removed following claims online that artificial intelligence technology may have written it
Read more »
Daniel Kinahan set for big money blow in wake of US court rulingTop lawyer Eric Montalvo is suing former boxing firm MTK Global and Kinahan on behalf of promoter Moses Heredia, who is seeking damages of up to $20 million for the alleged poaching of boxer JoJo Diaz
Read more »
We’re hardwired to focus on the bad stuff. Here’s how to change thatSpiralling thoughts can be manged so that you can keep the feeling and perception of threat at bay
Read more »
Survivor’s guilt: As Big Tech downsizes, workers left behind try to pick up the piecesMuch of the focus during recent tech cuts has been on workers laid off – but things aren’t straightforward for those left behind. Some firms are even running ‘grief sessions’ to help with ‘layoff survivor guilt’. ✍️ DonalMacNamee97 and ChasTaylor
Read more »
Survivor’s guilt: As Big Tech downsizes, workers left behind try to pick up the piecesMuch of the focus during recent swingeing tech cuts has been on workers who have been laid off – but things aren’t straightforward for those remaining in their roles, with some companies even running ‘grief sessions’ to try and help
Read more »