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.

Building a fund isn’t just about raising capital — it’s about setting up the right operational foundation to scale and attract the right LPs. In this session, we break down what it means to operationalize your fund, ensuring it meets the expectations of sophisticated investors and sets you up for long-term success. Bonita Stewart (Co-Founder and Managing Partner at BAG Ventures), Ed Zimmerman (Co-Founder / Chair of Emerging Companies & Venture Capital at Lowenstein Sandler and Co-Founder of First Close Partners), and Vincent Timoney (Senior Managing Director, Citizens Private Bank) share insights on: ✅ What LPs look for when doing due diligence for fund operations ✅ Best practices for structuring and managing your fund efficiently ✅ Structuring and financing the GP commitment This session is tailored for syndicate leads and emerging fund managers aiming to establish funds with solid operational foundations that are capable of scaling. Hear from industry experts, gain practical insights, and equip yourself with the knowledge to navigate the complexities of fund management.