PrePublic Equity Partners (PEP) has announced its spinout from Alumni Ventures, a firm recognized as a Top 20 US VC Firm by TIME Magazine and CB Insights, to democratize access for accredited investors to late-stage venture secondaries. The new entity aims to help investors regain exposure to high-growth companies that now remain private for extended periods, combining a vast network and institutional discipline with an AI-native research program.
PEP’s initial offering, Fund I/1Q, was oversubscribed with over 100 limited partners, indicating strong investor demand for systematic access to late-stage private opportunities. The firm utilizes a network encompassing more than 5,000 venture firms and 800,000 investment-network members to source and diligence opportunities in leading technology and infrastructure companies that are nearing public scale.
Graham Chynoweth, CEO of PrePublic Equity Partners, stated, “Public indices, especially those covering small and mid-cap companies, have lost their historical innovation exposure and ability to drive alpha as companies stay private longer. Our mission is to bridge that gap with discipline and at scale.” He added, “We built PEP to professionalize access to venture secondaries with the same focus on investor alignment, transparency, and disciplined execution that guided the growth of Alumni Ventures. With Fund I/1Q closed, we’re excited to begin deploying capital and open access to our Fund II waiting list at www.pep.fund.”
PEP’s AI-first research program employs an orchestrated multi-agent, multi-model, human-in-the-loop workflow. This approach synthesizes proprietary insights, market signals, company fundamentals, and liquidity dynamics, enabling faster screening, tighter underwriting cycles, increased conviction, and consistent documentation for compliance and oversight.
Mike Collins, Chair of PEP’s Board of Directors and CEO of Alumni Ventures, commented, “PEP is launching at exactly the right time. Investors want a clear, data-driven path back to innovation. By pairing a deep relationship network with an AI-powered research engine, PEP is architected to meet that need while raising the bar on process quality and speed.”
