VCFA Group became the first firm primarily focused on the acquisition of interests in private equity funds on a secondary basis in 1982. Before VCFA Group, a private equity investor needing liquidity had very few options. VCFA Group pioneered the concept of secondary purchases of limited partnership interests, providing liquidity to limited partners in venture capital, growth equity, buyout and other types of private equity funds.
Over the years, VCFA Group and the secondary industry have both grown in size and significance. To date, VCFA Group has raised nine funds totaling over $730 million dedicated to the purchase of interests in venture capital, growth equity, buyout and mezzanine funds. VCFA is an active and experienced buyer of limited partnership interests as well as direct equity stakes in operating companies through the purchase of full or partial private equity portfolios or via the purchase of equity in an individual company. In recent years VCFA has helped many venture capital and growth equity fund managers liquidate and restructure aging funds in order to provide liquidity to investors. Please consider what VCFA can offer: