How IPOs Affect Secondary SPV Activity

This proprietary data report examines the cyclical nature of secondary SPV activity following a large IPO and its implications for emerging fund managers.

Sydecar data suggests that big IPOs flip a switch, making LPs pay more attention to private deals. In the report, we cover how:

• IPO months drive deal volume

• The deals have more, new LPs

• Capital concentrates in secondary transactions

• Demand is not sector-specific

Access the report to understand why this demand puts pressure on managers to execute fast and what you can do to prepare for the next big IPO.