The single-asset vehicle for Dutch technical services provider VDK saw investors representing more than 40% of EMK Fund I's capital elect to roll over.
The SEC application follows similar relief granted to ARK Venture Fund last month and could give investors additional liquidity outside scheduled repurchase offers.
One of which, Hamilton Lane Private Secondary Fund, raised its investment capacity by $500 million and saw its NAV climb 1.6x QoQ to $409 million as of March.
InstitutionalLinkanalyzes the top performing '40act secondary funds as of Q3 across one-, three-, and five-year periods, as the strategy continues to outperformpeer groups.