Second Alpha Partners, a New York City-based private equity firm focused on making secondary investments, closed its fourth fund, at $75.6m.
To date, Second Alpha Partners IV, L.P., has made direct investments representing approximately $14.5m in aggregate and an additional $6.5m in Fund-related co-investments.
The Second Alpha IV portfolio includes positions in tech companies OpenX, Code42, and ON24, among others.
Founded in 2012 by Jim Sanger and Richard Brekka, Second Alpha is a private equity firm focused on secondary and secondary-linked direct investments in mature venture stage, growth equity and middle market companies.
The firm primarily target technology, media, telecom and tech-enabled services opportunities.