EQT AB is preparing to move assets from its inaugural venture capital fund into a fresh investment vehicle. This strategic shift taps into a growing market for buying and selling stakes in private startups. The move signals how established funds are adapting to new liquidity options.

The secondary market for startup shares has expanded significantly as investors seek exits before traditional IPOs. For EQT, this maneuver allows it to recycle capital from early bets while maintaining exposure to high-growth companies. It reflects broader industry pressure to provide liquidity to limited partners.

Expect other major funds to follow this model if EQT executes successfully. The transaction’s size will be closely watched as a benchmark for valuing venture portfolios in the current market. This approach could reshape how institutional investors manage long-term startup investments.