Pinegrove Capital Partners

Pinegrove Capital Partners focuses on venture capital secondaries — purchasing existing stakes in late-stage, privately held technology companies from early investors, employees, and founders seeking liquidity. This differs from primary venture investing, where capital goes directly to a company's balance sheet. The firm targets companies with durable revenue models and near-term exit potential, often in enterprise software, fintech, and AI/ML.

Pinegrove takes concentrated, minority positions in individual companies rather than assembling diversified portfolios of LP fund interests. The firm underwrites each position as a direct investment, requiring access to sufficient financial and operational data to assess the company's trajectory. This direct-secondary approach distinguishes it from multi-asset secondary funds that aggregate hundreds of smaller, more passive interests.