PINEGROVE OPPORTUNITY PARTNERS, LLC
PINEGROVE OPPORTUNITY PARTNERS, LLC is a Series C+, secondary and debt fund in Global writing $50M–$250M checks into Enterprise, technology and media-and-information-services.
- Stages
- Series C+, secondary, debt
- Sectors
- Enterprise, technology, media-and-information-services
- Check size
- $50M–$250M
- Invests in
- Global
- Round role
- Follows on
- Actively investing
- Yes
- Founded
- 2023
- Assets under management
- $2.93B
- Website
- pinegrove.vc
Thesis
Pinegrove Opportunity Partners, LLC (POP) is a venture and growth secondaries firm established in 2023, headquartered in San Francisco, California. The firm focuses on providing liquidity solutions within the technology sector by acquiring existing stakes in mid-to-late-stage private technology companies or their venture funds, rather than leading primary rounds. POP offers a range of solutions including direct investments like company tender offers, GP continuation vehicles, LP fund interests, and Net Asset Value (NAV) loans, as well as structured financings and GP/LP-facing transactions. Their strategy aims to partner with founders, management teams, venture firms, and investors to deliver scalable and customized secondary solutions globally. As of December 31, 2025, the firm managed approximately $2.93 billion in AUM. Their inaugural fund, POP I, closed with $2.2 billion in capital commitments, exceeding its target and becoming the largest first-time venture secondaries fund.
Common questions
Does PINEGROVE OPPORTUNITY PARTNERS, LLC invest at the Series C+ stage?
Yes. PINEGROVE OPPORTUNITY PARTNERS, LLC lists Series C+, secondary and debt among the stages it invests in.
What check size does PINEGROVE OPPORTUNITY PARTNERS, LLC write?
PINEGROVE OPPORTUNITY PARTNERS, LLC writes $50M–$250M checks.
Where does PINEGROVE OPPORTUNITY PARTNERS, LLC invest?
PINEGROVE OPPORTUNITY PARTNERS, LLC invests in Global.