Amount$100M
SeriesSecondary Transaction
AnnouncedOct 9, 2025
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Secondary Transaction round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Secondary Transaction rounds (26)
Round size distribution62th pct
smaller Secondary Transaction roundslarger
