Sekond launches liquidity tool
A new fintech called Sekond has launched a free liquidity‑monitoring tool to help advisors track redemption restrictions and cash needs across private investments. (investmentnews.com) The product is pitched as a response to rising redemption limits in private credit funds and aims to give wealth teams real‑time visibility into clients’ alternative‑asset liquidity. (prnewswire.com)
Sekond, a Boston-based private‑markets intelligence startup, launched a free liquidity‑monitoring tool on April 2, 2026 that gives wealth advisors live fund profiles showing when clients may be able to access cash held in private investments. (prnewswire.com) Those fund profiles list the current withdrawal schedule, record recent redemption activity, note whether shares can be sold to other investors, and provide an estimate of how much cash is likely available and how long it may last under present conditions. (prnewswire.com) Sekond is starting with evergreen-style private‑market vehicles — funds that do not have a fixed end date and instead offer limited, periodic windows for withdrawals — and the company points specifically to interval funds and non‑traded REITs as examples of structures that can produce long redemption queues (a line of investors waiting to redeem when withdrawals reopen). (prnewswire.com) (sekond.co) The platform aggregates fragmented disclosures and updates them into continuous, per‑fund dashboards that include modeled liquidity timelines — an estimated schedule showing when cash could realistically be available given current redemptions and fund rules — and flags potential secondary‑market options (places where an investor might sell a stake to another buyer). (sekond.co) (prnewswire.com) Sekond’s public product pages show the company is tracking more than 100 funds and dozens of managers, with platform totals listed as roughly 106 funds, 74 managers, about $185 billion in tracked net assets and $14.1 billion in quarterly redemptions — numbers the company uses to benchmark liquidity risk across the evergreen ecosystem. (sekond.co)
