G Squared
Growth investor deploying primarily through direct secondaries.
Secondaries & ContinuationFirmGlobal
Target market
Late-stage shares held by funds, founders and employees
Geography
Global
Overview
G Squared, founded by Larry Aschebrook in 2011, is a growth-stage venture firm that deploys much of its capital through direct secondaries — buying shares from early investors, founders and employees of late-stage private companies rather than waiting for primary rounds. Its sixth flagship fund closed at $1.1B in 2023, and it is one of the most active institutional buyers giving VC funds early liquidity on winners.
Key facts
- Founded 2011 by Larry Aschebrook
- Majority of deployment historically via secondary purchases
- Closed G Squared VI at $1.1B (2023)
- A frequent liquidity counterparty for early VC investors