vcfa group

Why VCFA?

Four decades ago, VCFA embarked on a journey to build a concept into an industry. Our Founder, Dayton Carr, captained the secondary industry through many firsts; the first several secondary funds, the first fund restructurings and direct secondary transactions and all the while taking the time to welcome new participants into the secondary market with a helping hand and plenty of advice. 

Since his passing in 2020, both the secondary industry and VCFA continue to evolve. The market now exceeds $150 billion in annual volume. There are more types of secondary strategies and transaction types with every passing year and VCFA has continued to innovate and lead its niche, focusing on smaller deal size venture & growth equity secondaries. 

Photo to the right is of, the late, Dayton Carr, Founder of VCFA Group sailing in Newport, RI 

LONGEVITY, EXPERIENCE, RELATIONSHIPS

Our long history

Since the early days of private equity and since the very beginning of secondary private equity, VCFA has been raising capital and investing it in secondaries in the venture and growth equity space. For over four decades we have developed a proprietary underwriting and modeling capability that we have deployed through many economic cycles and have achieved steady and consistent returns for our valued investors.

Repuation is Everything

VCFA has earned a reputation of being a straightforward partner. We do what we say we are going to do and if we find ourselves in a tough situation we are honest and look to apply a fair and common sense approach to solve problems. We are known for getting transactions over the finish line and have a reputation for being the go-to solutions provider when situations get complex.

Unparalleled Experience

Now led by secondary industry veterans David Tom and Drew Reilly, VCFA deploys the firm's seasoned investment underwriting process, developed by VCFA over decades, backed by a dedicated investment team committed to detail, integrity, and discretion.

A trusted Partner

VCFA has been building relationships in the venture and growth equity landscape since the early eighties. Our network and reach is wide as we have co-invested with and been limited partners of too many venture and growth equity firms and funds to list.We have earned a reputation of trust and good partnership that we continue to foster throughout the industry today.