The venture capital market has expanded rapidly over the past few decades, maturing and diversifying with the development of a variety of investment strategies, including more widespread and sophisticated secondary transactions.

The venture capital market has expanded rapidly over the past few decades, maturing and diversifying with the development of a variety of investment strategies, including more widespread and sophisticated secondary transactions.

The amount of capital available across the market has grown from around $100bn in 2011 to more than $300bn in 2020, according to data from Crunchbase. Furthermore, companies are staying private for longer and this expanded timeframe has fuelled a strong appetite for liquidity, which has been partially addressed…

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