This report summarizes Sydecar platform data from SPVs closed in calendar year 2025, highlighting a jump in SPV activity and the growing role of secondary transactions.

Explore how emerging managers price SPV fees today, from when "2 and 20" still applies to where terms are shifting.

Learn how Fund I managers approach Fund I construction with conviction, focus, and flexibility.

A tactical checklist for new fund managers, covering everything from clarifying your thesis and pitching LPs to building a credible presence and iterating on your strategy.

When IPOs stall, emerging managers turn to the secondaries market to generate liquidity and deliver DPI to their LPs. But executing a secondary SPV isn’t always straightforward.

Discover how emerging managers are using SPVs to lead the charge in the growing secondaries market, and why sectors like AI and Aerospace & Defense are capturing the majority of capital. Using real data from 319 secondary SPV deals on Sydecar’s platform, this interactive report reveals how fund managers are responding to the frozen IPO market, shifting LP expectations, and growing pressure to deliver liquidity.

Discover how emerging venture fund managers are shifting away from outdated fee models and embracing lean, LP-friendly structures. Using real data from 39 funds on Sydecar’s platform, this report uncovers the latest trends in fund economics—and how fee design is becoming a key competitive edge for first-time managers.

Discover how emerging fund managers are leveraging co-investments to scale their capital deployment, strengthen LP relationships, and generate additional revenue streams. Using real data from Sydecar’s platform, this report breaks down key trends and insights into how co-investing is reshaping fund strategies. Download the report for deeper insights, including:

Sydecar’s essential guide is your go-to resource for launching and managing a successful syndicate. Whether you're a first-timer or an experienced lead, this guide covers everything from building your investor base to closing deals and managing distributions. Learn how syndicates offer flexibility for both investors and managers, and discover how to streamline your operations using Sydecar’s platform.