A Unique Private Equity Fund Focused on Liquidity Solutions for the Venture Capital Ecosystem
Millennium Technology Value Partners specializes in creating customized, innovative and flexible liquidity solutions for holders of venture capital, private equity, and other illiquid assets.
Millennium Technology Value Partners II, L.P. represents the largest pool of institutional capital in today's market devoted to sponsoring alternative liquidity programs and making direct secondary investments in the world's leading private technology companies.
Through more than 300 transactions over the last decade, the firm has developed unique expertise in the direct secondary market for venture capital assets. Across the Millennium fund family, the firm now manages approximately $600 million of capital for these types of liquidity investments and programs, as well as other growth stage investment formats.
Our focus is on best-of-breed, leadership companies in key areas of technology, and on working with those companies to create trusted, institutional-quality partnerships centered around managing liquidity programs to meet the needs of constituents throughout company capital structures—business founders, CEOs, senior executives, departing employees, angel investors and institutional investors. We have developed a wide variety of creative tools and programs to help companies, their boards, and their investors control the flow of early and partial liquidity to their capital structures. Our transaction partners have included some of the world’s leading private equity funds, hedge funds, mutual funds, investment and commercial banks, technology companies, industrial companies, and venture capital funds. Millennium is able to make a wide range of investments, both large and small, from middle stage to pre-IPO situations. Over the past decade, Millennium has purchased debt, equity, options and limited partnership positions. We have also led dozens of private equity, debt and public equity financings.
As a relationship-focused, trusted liquidity partner, more than 80% of our transaction partners (including both individuals and institutions) have referred or returned to us for subsequent transactions. We are working in the secondary market every day to create new opportunities and efficiencies for holders of venture capital assets to achieve liquidity on illiquid assets and to help venture investors re-balance their portfolios and adjust risk/reward equations.
Millennium Technology Ventures, L.P. is our 2000 vintage traditional venture capital fund.