Pre-IPO and secondary transactions are an increasingly important way for emerging managers to access private companies and generate DPI outside traditional primary rounds.

A candid conversation between an SPV manager and LP on the realities of SPV fees today.

A live conversation with The Nucleus Network's Co-Founder, Michael Axman, on how to communicate SPV fees and economics clearly to LPs.

As a venture capitalist, your value goes beyond the capital you invest. It also lies in how you show up for founders.

A strong investment thesis is just the start of building a successful venture fund. Emerging managers today also need a portfolio construction strategy built for durability. One that balances ownership targets, reserves, and delivers repeatable returns.

Today’s venture landscape demands more flexibility from early-stage managers, especially as liquidity timelines now stretch over a decade. In this session, we explore why having a smart secondary strategy is no longer optional; it’s essential. We break down why selling shares, once considered taboo, has become a critical part of running an early-stage venture operation. You’ll hear from industry leaders who use secondaries as a tool for capital recycling, risk management, and delivering DPI. This is a conversation with: -Ira Simkhovitch (Managing Director, Industry Ventures) -Dave McClure (Founder & Managing Partner, Practical VC) -Phil Haslett (Founder & CSO, EquityZen) This session is designed for emerging managers who want to future-proof their SPV or fund strategy and treat secondaries as a core part of the playbook. Hear from experts with real-world examples and gain a clearer understanding of how to use secondaries to better serve your investors and strengthen your performance.