TLDR:
- Savano Capital is looking to raise almost 60% more with its latest VC secondaries fund.
- The firm aims to make a significant step up from its predecessor vehicle.
The article highlights Savano Capital’s plans to increase its VC secondaries fund, aiming to raise almost 60% more than their previous fund. This significant step up in fundraising reflects the firm’s confidence in the venture capital market and its desire to capitalize on new opportunities. Savano Capital’s focus on VC secondaries shows their commitment to supporting early-stage companies and driving growth in the sector.
VC secondaries have been gaining traction in the market, offering investors the opportunity to access a diverse portfolio of venture-backed companies. By increasing the size of their fund, Savano Capital aims to strengthen its position in the market and attract more investors looking for exposure to the venture capital asset class.
Overall, Savano Capital’s decision to raise a larger VC secondaries fund demonstrates their ongoing commitment to supporting innovation and growth in the venture capital space.
