Pomona Capital
Pomona Capital is a leading private equity secondary fund manager with over 30 years of experience acquiring limited partnership interests and other secondary market investments in private equity funds, providing institutional investors with access to the secondary private equity market through a series of dedicated secondary investment funds. Founded in 1994 and now operating as part of Voya Investment Management, Pomona Capital has established itself as one of the most experienced and respected secondary fund managers in the private equity secondary market, having completed hundreds of secondary transactions across multiple private equity market cycles. According to its website at pomonacapital.com, the firm's secondary investment strategy provides institutional investors with diversified private equity exposure at discounts to net asset value while offering shorter duration than primary fund commitments and earlier potential liquidity through the accelerated J-curve dynamics of secondary investments.
Pomona Capital's secondary investment approach, described at pomonacapital.com, involves the acquisition of interests in established private equity funds from investors seeking to exit their fund commitments before the fund's scheduled liquidation, and other secondary market transactions including direct secondary purchases of portfolio company interests and structured secondary solutions for complex seller situations. The firm's secondary investment process draws on deep knowledge of private equity fund performance analysis, portfolio company valuation, and secondary market pricing dynamics that enables Pomona to evaluate and price secondary interests accurately across diverse strategy types, vintage years, and geographic markets. Pomona's ability to complete secondary transactions across a wide range of deal structures — from single-fund interest purchases to complex multi-asset portfolio transactions — provides sellers with flexible liquidity solutions.
Pomona Capital's integration within Voya Investment Management — the asset management business of Voya Financial — provides the secondary fund business with the institutional resources, client relationships, and distribution capabilities of a major financial services company while preserving Pomona's specialized secondary investment expertise and culture. According to pomonacapital.com, the Voya affiliation extends Pomona's reach to Voya's broad institutional and defined contribution plan client base while enabling Pomona to continue operating as a focused, secondary-specialist investment manager. Pomona Capital's combination of 30-year secondary investing heritage, comprehensive secondary transaction capabilities across deal types and strategies, Voya Financial affiliation, and institutional client focus establishes it as one of the most experienced and trusted secondary private equity fund managers in the global alternative investment industry.