VCFA Group Announces the Successful Close of VCFA Venture Partners VII, L.P. | PR Newswire [Video]

Pioneering Firm Continues to Lead in Secondary Private Equity, with Succession Leadership in Place and Plans to Grow the Firm and Team Going Forward

, /PRNewswire/ — VCFA Group (VCFA), a pioneer in the secondary private equity industry, today announced the successful close of its latest fund, VCFA Venture Partners VII, L.P. (VCFA VP VII), with capital commitments totaling $122.5 million. This fund continues VCFA’s leadership in the secondary market, focusing on smaller, more complex purchases of later-stage venture capital and growth equity assets.

The close of VCFA VP VII marks a significant milestone in the firm’s four decades in operation. Established in 1982 by Dayton Carr, VCFA is known for being the first firm focused on secondary private equity. Dayton passed away in 2020 during the fundraise for the predecessor fund, VCFA Venture Partners VI, L.P. (VCFA VP VI). The firm commenced a succession plan with David Tom and Andrew …