In 1982, VCFA Group was founded as, what we believe to be, the first firm to primarily focus on the acquiring interests in private equity funds on a secondary basis. Before VCFA Group, a private equity investor needing liquidity had very few options. Since then, VCFA Group has pioneered and innovated the practice of secondary purchases of limited partnership interests, fund restructurings and direct secondary investing in venture capital and growth equity-sponsored assets.
VCFA provides creative liquidity solutions for investors and stakeholders in venture-backed, high-growth companies that are near a liquidity event.
VCFA pioneered the concept of private equity fund restructurings, today often referred to as "GP-Led" transactions. We continue to specialize in smaller, more complex transactions that allow General Partners to deliver liquidity to investors in mature and end-of-life funds.
VCFA has been delivering liquidity to Limited Partners in venture capital and growth equity funds since 1982. We focus on smaller LP transactions and regularly purchase interests in lesser known venture and growth equity funds and Partnerships.
Over the years, VCFA Group and the secondary industry have both grown in size and significance. To date, VCFA Group has raised ten venture / growth equity secondary funds, totaling over $1 billion of cumulative AUM. The firm focuses on the purchase of equity in mature, private, high-growth companies backed by venture capital and growth equity funds.
VCFA Group excels in both LP-led and GP-led secondary markets, leveraging our 40+ years of experience in building diversified, high-quality portfolios. We aim to deliver superior returns, near-term liquidity and broad diversification, with a focus on investing in high-growth, later-stage assets.
Passion, creativity, and flexibility have driven VCFA’s culture for over four decades. Our deep market expertise and broad network foster an environment where bright ideas and talent thrive. This innovative spirit unites the team at VCFA to promote growth and success.
Andrew Reilly, Managing Director VCFA group
VCFA combines innovation and creativity with over four decades of experience to provide tailored liquidity solutions, ensuring efficient, fair, and confidential transactions. Our deep industry relationships and market expertise make us a trusted choice for Limited Partners and General Partners seeking liquidity solutions
Kevin brings over two decades of experience in the private markets. Most recently, he spent 10 years at Champlain Advisors, a global placement firm, where he led capital raising efforts across diverse private equity strategies. Kevin previously served as Managing Director at VCFA Group from 2007 to 2012, working closely with our current leadership team.
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