In 2014, an Austrian entrepreneur offered investors a rare chance to purchase shares in Jumio, his fast-growing and profitable payments company. The deal was not a typical venture capital transaction. Instead of purchasing new shares, investors could buy out earlier shareholders, in what are known as private secondary transactions. Goodwin Private Equity partner Cameron Contizano, who works on secondary transactions, sees a recent push to have more avenues for organized liquidity. Read the article in the Financial Times here.
In The Press February 28, 2021