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Radar · Secondary Market Funds in United States

Best Secondary Market Funds Companies in United States

The 112 best Secondary Market Funds companies in United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Apollo Global Management.

112companies tracked
$303Mdisclosed funding
0unicorns
2have raised

The 112 Secondary Market Funds companies tracked in the United States tell a story that's almost entirely about one name: Apollo Global Management, which accounts for $300M of the sector's $303M in total disclosed funding. That's not a rounding error. It's the shape of the market. PG Jackson Investors sits second at $3M, and Bluestone Capital Management at $20,000, which gives you a sense of just how steep the drop-off gets below the top tier.

So what does this actually mean for the rest of the field? Most of these 112 firms are operating on minimal disclosed capital, with GCM Grosvenor, 1907 Capital, and Abbott Capital Management showing $0 in reported funding. I find that figure clarifying rather than alarming. Secondary market funds don't always need venture-style raises to generate real revenue, and the active investor community here, which includes Inter Invest, Auratum, and Culper Capital Partners, suggests deal flow is moving. Hot themes across the sector right now include stock performance, stock indices, and stablecoin foreign exchange impact, all of which are pulling coverage upward. The firms that understand where liquidity is actually concentrating will be the ones worth watching.

Ranked: Best Secondary Market Funds companies in United States

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackMarket signals (1y)Recent signals
1Apollo Global Management
Private equity investment firm focused on buyouts
$300M99 mo agoPublicMarc Rowan
Co-Founder & CEO
1990Adobe Experience ManagerApple iCloud MailJava+1996 signals
M&A · Leadership · Earnings
1 award
2PG Jackson Investors$3M28 mo agoSeries A—2023———
3Bluestone Capital Management
Boutique asset manager providing differentiated alpha through adaptive, quantitative, and fundamental…
$20K53 mo agoFunding RaisedLee Calfo
Co-Founder
2010———
4GCM Grosvenor
Multi-strategy hedge fund and fund of funds focused on multiple sectors
—223 mo agoPublicRichard Elden
Founder
1971WordPressMySQLPHP+324 signals ▼50%
Acquisition · Buyback · Earnings
—
51907 Capital
Private fund focused on secondary market, debt, and equity investments in multiple sectors
——UnfundedSamir Meghji
Co-Founder & Partner
2021———
6Abbott Capital Management
Provider of a private equity and venture capital firm
——UnfundedRaymond Held
Co-Founder & Senior Advisor
1986———
7ABS Ventures
Venture capital firm
——UnfundedMuhammed Aminu
Managing Director
1982———
8Acadian Software
Private fund focused on equity and secondary market investments
——UnfundedDavid Pauken
Founder and CEO
2017———

Top 4 Secondary Market Funds companies in United States

#1
Series A · Atlanta, Georgia · founded 2023
$3Mraised
▾
#2
Public · New York City, New York · founded 1990 · 2712 employees
$300Mraised
▾

Private equity investment firm focused on buyouts

LinkedIn Pulse recent public activity · Jul 2026
Audience: 546k LinkedIn followers — 83.2% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Mar 2018Post IPO$300M
Founders & team
Marc RowanCo-Founder & CEOArt BilgerCo-Founder & Founding PartnerDavid MeunierManaging Director
Tech stack
Adobe Audience ManagerAdobe Client Data LayerAdobe Experience ManagerAmazon CloudfrontAmazon Web ServicesApache Http Server
#3
Funding Raised · Wayne, Pennsylvania · founded 2010
$20Kraised
▾

Boutique asset manager providing differentiated alpha through adaptive, quantitative, and fundamental strategies. The firm focuses on delivering superior risk-adjusted performance over a full market cycle. It employs a hybrid approach blending top-down analysis with bottom-up views under an integrated framework to build adaptive portfolios. The company combines quantitative analysis with fundamental insights and rigorous risk management. It offers various investment strategies, including alternative investments, income strategies, and sub-advisory services to ETFs. The firm aims to improve risk-adjusted returns through data-driven decision-making, tactical asset allocation, and a deep understanding of behavioral finance. The company provides opportunistic strategies in real estate, infrastructure, private equity, debt, and other alternative asset classes.

Funding rounds
  • Jan 2022Grant (prize money)$20K
Founders & team
Lee CalfoCo-FounderBrian ShevlandCo-Founder & CEO
Investors
United States Department of Agriculture
Tech stack
Google MapsApache Http ServerCloudflareJquery CdnJqueryCdnjs
#4
Public · Chicago, Illinois · founded 1971 · 538 employees
—raised
▾

Multi-strategy hedge fund and fund of funds focused on multiple sectors

Founders & team
Richard EldenFounderKevin BuchheitManaging Director & Head of StrategyBernard YancovichManaging Director
Investors
Hellman & Friedman
Tech stack
AstraBootstrapCloudflareCloudflare Bot ManagementCore-JsDatatables

Funding & investor landscape

$303Mtotal disclosed funding
3companies funded
2disclosed rounds
0rounds last 90 days
Most active investors
Inter Invest2 rounds
Auratum1 rounds
Culper Capital Partners1 rounds
First Generation Capital1 rounds
Gallant Investment Partners1 rounds
Hellman & Friedman1 rounds
J.F. Shea Co1 rounds
Kensington Capital Partners1 rounds
Lion Cao Asset Management1 rounds
SPV Investments1 rounds

Notable founders

Marc Rowan
Co-Founder & CEO · Apollo Global Management
Art Bilger
Co-Founder & Founding Partner · Apollo Global Management
Lee Calfo
Co-Founder · Bluestone Capital Management
Brian Shevland
Co-Founder & CEO · Bluestone Capital Management
Richard Elden
Founder · GCM Grosvenor
Kevin Buchheit
Managing Director & Head of Strategy · GCM Grosvenor
Prism market signals · United States · country-scoped Prism corpus, 15,112,397 docs

Market landscape — 10 sub-themes by coverage

Share of Secondary Market Funds coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Secondary Market Funds companies are there in United States?
Radar tracks 112 indexable Secondary Market Funds companies headquartered in United States that meet our profile-completeness bar.
What is the total funding raised by Secondary Market Funds companies in United States?
The Secondary Market Funds companies in United States on this list have raised a combined $303M in disclosed equity funding across 3 funded companies.
Which is the highest-funded Secondary Market Funds company in United States?
Apollo Global Management is the highest-funded Secondary Market Funds company in United States, with $300M in disclosed equity funding.
How many Secondary Market Funds companies in United States are funded?
3 of the 112 Secondary Market Funds companies in United States on this list have disclosed at least one equity funding round.
How many Secondary Market Funds unicorns are there in United States?
None of the Secondary Market Funds companies in United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in United States Secondary Market Funds companies?
The most active investors in United States Secondary Market Funds companies on this list include Inter Invest, Auratum, Culper Capital Partners, First Generation Capital, Gallant Investment Partners.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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