Greenspring Associates, a Owings Mills, MD-based venture capital investment platform, closed its second secondary fund, at $200m.
Greenspring Secondaries Fund II, L.P., is expected to invest in limited partner interests in venture capital funds as well as in growth stage companies principally on a secondary basis.
Founded in 2000 and led by Jim Lim, Managing General Partner, Greenspring Associates has been investing in secondary opportunities since inception, having served as a liquidity partner for sellers in over 75 transactions. In 2014, it launched its first dedicated secondary fund to capitalize on broader subset of opportunities.
Greenspring Associates currently manages over $4.1 billion in assets across multiple venture capital investment strategies.