Running SPVs Guides - Sydecar

Sydecar Guides

Our proprietary guides and data reports help emerging fund and syndicate managers navigate fundraising, strengthen portfolios, and operate more efficiently.

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Running SPVs
The New Standard: How SPV Fee Structures Have Changed Since 2023
This proprietary data report analyzes how carry and management fee structures have changed across thousands of SPVs on Sydecar's platform between 2023 and 2026.
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Running SPVs
The Factors That Determine SPV Fundraising Speed
This report analyzes SPV fundraising times across Sydecar's platform, broken down by deal structure, raise size, LP count, investment round, sector, and manager experience.
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Running SPVs
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.
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Running SPVs
2025 SPV Year-in-Review: The New Normal for Emerging Managers
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.
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Running SPVs
SPV Fees Are Shifting: Emerging Managers Are Moving Past “2 and 20”
Explore how emerging managers price SPV fees today, from when "2 and 20" still applies to where terms are shifting.
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Running SPVs
The Practical Guide to Setting Up a Secondary SPV
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.
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Running SPVs
AI, Defense, and the SPV-Driven Secondary Boom
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.
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Running SPVs
The Power of Co-Investing: A Data-Driven Look at Emerging Manager Success, March 2025
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:
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Running SPVs
The Comprehensive Playbook for Starting (and Running) a Syndicate
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.
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