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Last updated: April 27, 2026, 11:30 PM ET

Private Equity Secondaries Momentum

Kline Hill & Cendana successfully closed their second venture capital secondaries fund after raising a total of $400 million, surpassing the initial $300 million target. This closing on the hard-cap signals sustained investor appetite for liquidity solutions within the mature VC asset class, according to Secondaries Investor reporting.