Fund discovery and secondaries

Who can see what

Explorer keeps fund discovery, portfolio access, stealth visibility and secondary offerings separate, each with its own rules.

Any one access path opens a portfolio

A portfolio opens through organization membership, a non-cancelled investment, a fund invitation (direct or matched to your email) or Open visibility.

Sign in and go

Marketplace, My funds and Secondaries sit at the top level. Sign in and start without choosing an organization.

One pending request per fund

Only one pending access request can exist per person and fund. The optional message runs to 2,000 characters, and approval creates invitation access.

Portfolios show closed investments only

Portfolios show closed investments. You can sell one that is Dry closed or Active closed if you’re an Admin or Member of its investment account.

Only sellers see every bid

Sellers see every bid on their offering. Everyone else sees only bids from investment accounts they belong to, and no seller can bid on their own offering.

Offering and transfer states

Offerings are Draft, Published, Under negotiation, Accepted, Completed or Cancelled. Each transfer keeps its own state: Pending, Completed or Failed.