The alternative investment manager has requested SEC approval for exchange-listed and tokenized share classes across three of its GP stakes and broader private markets funds.
AltConvey's Rohan Rajpal examines how AI-native systems could transform LP-led secondary execution, moving beyond individual task automation toward integrated transaction management.
The new tool makes it easier to understand fundraising and filing activity across the secondary market, including continuation vehicles, closed-end secondary funds, and evergreen secondary funds.
The New York-based startup provides liquidity solutions for tokenized private market and semi-liquid funds, allowing investors to exit ahead of scheduled redemption windows.
The SEC application follows similar relief granted to ARK Venture Fund last month and could give investors additional liquidity outside scheduled repurchase offers.
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.
