02 / Deal Flow

Curated opportunities.

Emerging manager funds, co-investments, and secondaries — hand-selected by the Pier team.

Total Listings

6

Open Now

4

Closing Soon

1

Aggregate Target

USD 750.0M

Meridian Capital

North Atlantic Fund I

open

Type

Fund

Asset Class

Buyout

Target Size

USD 150.0M

Target IRR

+22%

Min. Commit

USD 500.0K

Close

Aug 31

A lower-middle-market buyout fund targeting companies with USD 5–25M EBITDA across fragmented North American industries.

IndustrialConsumerBusiness Services
New YorkView details

Arbor Partners

Arbor SPV VII — SaaS Co-invest

closing

Type

Co-Invest

Asset Class

Venture

Target Size

USD 12.0M

Target IRR

+28%

Min. Commit

USD 100.0K

Close

May 25

Co-investment alongside Arbor's Series B lead in a vertical SaaS platform serving commercial real estate operators.

B2B SaaSDevTools
San FranciscoView details

Ledger Asset Management

Ledger Secondary Fund III

open

Type

Secondary

Asset Class

Venture

Target Size

USD 80.0M

Target IRR

+18%

Min. Commit

USD 250.0K

Close

Sep 15

Diversified secondaries fund acquiring LP interests and direct secondaries from premier venture portfolios at a discount

FintechEnterprise SoftwareClimate
LondonView details

Tidewater Capital

Tidewater RE Fund II

open

Type

Fund

Asset Class

Real Estate

Target Size

USD 200.0M

Target IRR

+14%

Min. Commit

USD 1.0M

Close

Oct 1

Value-add real estate strategy targeting Sun Belt markets with a focus on workforce housing and last-mile logistics.

MultifamilyIndustrialHospitality
MiamiView details

Harrow Credit Partners

Harrow Direct Lending IV

open

Type

Fund

Asset Class

Credit

Target Size

USD 300.0M

Target IRR

+12%

Min. Commit

USD 1.0M

Close

Nov 30

Senior secured direct lending to private equity-backed middle-market companies. Targeting net yield of 10–12% with capit

HealthcareTechnologyBusiness Services
ChicagoView details

Canopy Ventures

Canopy Climate SPV II

pending

Type

SPV

Asset Class

Venture

Target Size

USD 8.0M

Target IRR

+35%

Min. Commit

USD 100.0K

Close

Jun 30

SPV for a Series A investment in a battery storage startup with signed utility offtake agreements across three states.

Climate TechEnergy Storage
BostonView details