Marina Temkin / TechCrunch:

Turbine Finance, which allows LPs to borrow funds secured against their positions in venture funds, emerges from stealth with a $13M Series A and an $8.75M seed  —  Since IPOs slowed to trickle a few years ago, limited partners who invest in venture capital funds have had one giant problem: a dearth of liquidity.

Marina Temkin / TechCrunch:

Turbine Finance, which allows LPs to borrow funds secured against their positions in venture funds, emerges from stealth with a $13M Series A and an $8.75M seed  —  Since IPOs slowed to trickle a few years ago, limited partners who invest in venture capital funds have had one giant problem: a dearth of liquidity.

Source: TechMeme
Source Link: http://www.techmeme.com/250404/p34#a250404p34