This will be the first of several planned vehicles aimed at advancing secondary market activity, primarily in the Japanese market.
The alternative asset manager, which has begun the process of listing in India, is reportedly targeting $131 million for the strategy.
Pinnacle Ventures will provide angel and sophisticated investors with access to deal-by-deal venture investments in UK tech companies and pre-IPO secondaries.
The firm is eyeing up to $150 million in final commitments to pursue late-stage secondary deals across India and Southeast Asia.
The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
The Seoul-based financial services firm provides brokerage, trading, investment banking, asset management, and advisory services.
The Asian digital asset manager's next phase of product development will include multi-strategy funds across primary and secondary markets.
RGCM Fund 1, which targets venture-backed company directs, attracted investments from several institutional LPs including Japan Investment Corporation.
The Category II AIF targets pre-IPO and secondary market opportunities in India.
The firm, which spun out of Alumni Ventures, has already closed an oversubscribed debut fund, with a follow-up vehicle in the pipeline.
