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