Kline Hill and Cendana raise $400m for second VC secondaries fund

The vehicle, raised in partnership by the two firms, exceeded its $300m target to close on its hard-cap, Secondaries Investor has learned.

Secondary Investor • April 28, 2026

By Madeleine Farman

Kline Hill Partners has partnered with very early-stage venture capital investor Cendana Capital to raise a $400 million venture capital secondaries vehicle.

Kline Hill Cendana Partners Fund II exceeded its $300 million target to close on its hard-cap, according to a statement seen by Secondaries Investor.

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