The equity management platform is expanding into private market liquidity, with plans to develop a secondary marketplace for company-approved transactions.
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 recently registered tender offer fund will invest in venture capital and growth opportunities across LP-led secondaries, direct secondaries, continuation vehicles, and co-investments.
The former PJT Partners Director will take charge of NPM's newly acquired fund secondaries business in November.
The new identity is part of a complete rebrand and rebuild, including the introduction of a portfolio feature, new trade mechanics, and the scrapping of its "(in)famous public orderbook."
William Sarris's former second-in-command, Joseph Endoso, pleaded guilty in August to participating in the alleged scheme.
The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
The Utah-based company raised $2 million in a pre-seed round led by New Stack Ventures.
Backed by Cube Ventures, the marketplace aims to unlock liquidity for venture investors in the region.
After years of helping private companies run liquidity programs, the secondaries platform has now done so for its own team.
