TempoCap’s Managing Partner, Olav Ostin, shares his thoughts on the rise of venture capital and GP-led secondaries in a recent feature with Private Equity International.
According to the article, “The growth in primary venture activity is spilling over into venture secondaries. In 2021, the segment scored $24.1 billion of transaction volume, 18 percent of the total $134 billion transacted by the secondaries market, according to investment bank Greenhill’s full year report.”
The article continues, “There is indeed a corresponding growth in venture capital secondaries following the overall growth of the asset class.”
Ostin added his perspective, stating, “I think a GP-led should be done for a good reason. LPs need to be careful that there’s a very strong alignment of interest between the GPs and themselves.
Subscribe to our quarterly newsletter to receive news from TempoCap and our portfolio