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 (Marina Temkin/TechCrunch)

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.

Apr 5, 2025 - 17:41
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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 (Marina Temkin/TechCrunch)

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.