The African payments infrastructure provider will enable staff to borrow against their private shares without having to sell them or relinquish potential future upside.
Founded in 2023, Key Capital is a dedicated VC secondaries asset manager focused on MENA and international opportunities.
Pinnacle first backed the Saudi hospitality startup's $72 million Series B in 2025, when Gathern was valued at more than $267 million.
Pinnacle Growth & Secondary Fund combined primary capital and secondary share purchases in the automotive platform.
The alternative asset manager, which has begun the process of listing in India, is reportedly targeting $131 million for the strategy.
The investment in the Colombian fintech comprised a mix of primary and secondary capital.
The vehicle targets follow-on investments in the firm's portfolio companies, later-stage co-investments, and secondaries.
The firm is eyeing up to $150 million in final commitments to pursue late-stage secondary deals across India and Southeast Asia.
Avendus Future Leaders Fund III, which is already 30% deployed, has invested ~$15 million in Parag Parikh Financial Advisory Services via secondary.
The launch coincides with the close of a $3 million pre-seed funding round led by No Limit Holdings.
