"Companies are choosing to stay private far longer, making liquidity an essential part of the private company lifecycle," said Ravi Viswanathan, Founder and Managing Partner of NewView.
The AI-powered coding platform raised $400 million in March at a $9 billion valuation, nearly three times its level six months earlier.
The mandate covers LP-led and direct transactions alongside SME acquisitions, with up to three managers eligible for commitments.
Stableton will contribute its secondary market expertise, while Mnaara provides a Shariah-compliant investment methodology to target the 15 largest private tech unicorns in developed markets.
The equity management platform is expanding into private market liquidity, with plans to develop a secondary marketplace for company-approved transactions.
The secondary share sale reportedly values the defense tech company at $90 billion.
Nimble Partners Opportunities Fund III is targeting $200 million in capital commitments, SecondaryLink has learned.
The firm will reportedly pay about $350 million for a 40% interest, implying an equity valuation of roughly $875 million for the Israeli camouflage technology manufacturer.
The employee and early investor auction valued the workplace trust company at over £100 million and marked the third transaction conducted under the PISCES framework.
The new solution will start with a pre-IPO AI company, using tokenized notes that can be bought and sold around the clock on the secondary market.
