Capital OnePrime secures $305 million in financing for their Third Secondary Fund.
## OnePrime Capital Closes $305 Million Fund, Demonstrating Market Confidence
In a significant move within the private equity sector, Palo Alto-based investment firm OnePrime Capital has successfully closed its third fund, OnePrime Secondary Fund III, L.P., with a commendable $305 million of committed capital. This fundraising milestone, achieved just eight months after its launch in October 2024, underscores the strong confidence investors have in OnePrime Capital's specialized technology secondary strategy.
### A Focus on Technology Secondaries
OnePrime Capital's unique approach lies in its concentration on a **specialized technology secondary strategy**. This strategy involves targeting secondary transactions within the technology sector, such as acquiring shares from existing investors or providing liquidity to venture-backed companies. By focusing on technology, OnePrime Capital leverages its expertise in assessing the value and potential of tech companies, allowing it to make strategic investments in secondary markets.
### A Proven Track Record
The rapid eight-month fundraising timeline for Fund III demonstrates strong support from both existing and new limited partners. This success indicates OnePrime Capital's ability to identify and capitalize on opportunities in the secondary technology market, as well as its market-leading position in this specialized niche.
### A Trusted Partner
OnePrime Capital strives to be a trusted partner to premier technology companies and their existing investors. Its background as experienced primary technology investors, combined with over seven years of dedicated secondary investing, gives the firm a unique perspective that resonates with institutional investors.
### A Diverse Investor Base
The diverse investor base for Fund III includes family offices, endowments, foundations, insurance companies, and pension funds across North America, Asia, Europe, and Latin America. This broad support underscores the appeal of OnePrime Capital's approach and its reputation as a reliable investment partner.
### Customized Solutions
OnePrime Capital offers customized solutions based on the belief that every situation is distinct. This tailored approach allows the firm to address the unique needs of each investment opportunity, ensuring that it maximizes value for both the firm and its investors.
With Fund III now closed, OnePrime Capital can continue its work as a trusted partner to premier technology companies and their existing investors, offering liquidity, unlocking value, and diversifying portfolios through its specialized technology secondary strategy.
- By targeting secondary transactions within the technology sector and utilizing its expertise in assessing the value of tech companies, OnePrime Capital leverages its specialized finance strategy to make strategic investments in secondary markets.
- The diverse investor base for OnePrime Capital's Fund III includes family offices, endowments, foundations, insurance companies, and pension funds across North America, Asia, Europe, and Latin America, showcasing the appeal of its customized financial solutions and reputation as a reliable investment partner.