Nokia Pension Offloads VC Stakes to Lexington Partners

Nokia’s pension plan has sold stakes in several U.S. venture capital funds, transferring ownership to Lexington Partners, a prominent player in the secondary private equity market. This transaction is part of a broader trend among institutional investors who are actively rebalancing their portfolios through sales on the secondary market, while avoiding direct impacts on crypto markets or leveraged blockchain financial activities. The sale aligns with current trends seen as institutions seek to improve portfolio liquidity.