Kline Hill, Cendana fund 50% deployed, buoyed by broad VC secondaries opportunity set
Kline Hill Partners and Cendana Capital have deployed more than half of their second VC secondaries fund just three months after the final close.
Press •
Mergermarket •
October 20, 2026
By Tom Cane
Kline Hill Partners and Cendana Capital have deployed more than half of their second VC secondaries fund just three months after the final close, according to Chris Bull, a managing director at Kline Hill.
Kline Hill Cendana Partners II closed above target on USD 400m in April. The fund typically writes checks of USD 10m or less, though the range is much wider, spanning sub-USD 1m single company positions through to LP portfolios requiring USD 50m or more.
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