Sydecar Guides

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

Explore Guides/Reports

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.
Read More

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.
Read More

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.
Read More

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.
Read More

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.
Read More

Fund Strategy

A Data-Driven Guide to Portfolio Construction
Learn how Fund I managers approach Fund I construction with conviction, focus, and flexibility.
Read More

Fund Strategy

The Emerging Manager Fundraising Checklist
A tactical checklist for new fund managers, covering everything from clarifying your thesis and pitching LPs to building a credible presence and iterating on your strategy.
Read More

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.
Read More

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.
Read More

Fund Strategy

Emerging Managers Are Rethinking Fund Fees, March 2025
Discover how emerging venture fund managers are shifting away from outdated fee models and embracing lean, LP-friendly structures. Using real data from 39 funds on Sydecar’s platform, this report uncovers the latest trends in fund economics—and how fee design is becoming a key competitive edge for first-time managers.
Read More

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:
Read More

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.
Read More

Fund Strategy

State of the Secondaries Market, August 2024
Discover why the venture capital secondaries market is experiencing unprecedented growth and how it addresses the pressing need for liquidity while offering robust investment opportunities. In 2023, secondary funds raised a record $93.8 billion, a staggering 159% increase from the previous year. This trend continues to rise in 2024, highlighting the growing importance and attractiveness of secondary transactions.
Read More

Fund Strategy

Diving into Data: 2022 vs. 2023 Fundraising Landscape
Here at Sydecar, we are passionate about unlocking valuable insights on venture capital through a data lens. In an attempt to better understand how the venture market has changed over the course of the last year, we analyzed data from across our suite of products to uncover patterns in fundraising activity. From average deal size to time to close to the prevalence of “bridge” rounds, we hope this report gives you some extra context on where the market is today.
Read More

Fund Strategy

Diving into Data: What Fund Terms are Emerging Managers Using?
Here at Sydecar, we are passionate about unlocking valuable insights on venture capital through a data lens. Looking to better understand how funds are structuring themselves in today’s market, we analyzed Sydecar platform data to uncover patterns in fund manager decisions. From determining your target fund size to landing on the right fee structure for your investor base, we hope this report gives you the data you need to set the expectations with limited partners and go to market with confidence.
**Read More