Manhattan Venture Partners (MVP)

What Manhattan Venture Partners (MVP) does

Manhattan Venture Partners (MVP) is a New York-based principal investor and advisor founded in 2014 that specializes in the secondary market for private venture-backed technology companies. The firm pioneered the institutionalization of this asset class and today manages in excess of $10 billion in assets under management across its MVP All-Star Fund series, having invested in 70+ portfolio companies including xAI, Anthropic, Epic Games, Revolut, and HawkEye 360. MVP acquires shares from employees, early investors, and other shareholders of late-stage private technology companies approaching IPO or acquisition, providing pre-IPO liquidity through a proprietary "Secondary-as-a-Service" model.

MVP operates through two regulated wholly-owned subsidiaries: VNTR Securities LLC, a FINRA/SIPC-registered broker-dealer that serves as placement agent for MVP fund offerings, and MVP Manager LLC, an SEC-registered investment adviser that manages the MVP Funds. The firm's revenue model combines recurring management fees on AUM, placement agent fees of up to 10% of investor purchase price on new fund raises, transaction-based compensation on secondary market intermediation, and advisory fees for liquidity program design. Investments are offered exclusively to accredited investors and Qualified Clients/Purchasers through private placements structured as limited partnership interests.

Beyond capital deployment, MVP has built a research-driven brand around its Liquidity Watchlist (the top 25 IPO/acquisition candidates screened from 350+ monitored private companies), the monthly Venture Bytes newsletter (15,000+ subscribers, also distributed via Bloomberg Terminal), annual Outlook Series webinars, and comprehensive Year in Review reports. The firm's 2024 activity included 18 IPOs, 6 strategic exits, and $1.5 billion deployed across funds, with top-decile DPI and IRR performance claimed for the All-Star Fund strategy.

Name

Manhattan Venture Partners (MVP)

Legal name

Manhattan Venture Partners

Website

https://mvp.vc

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Manhattan Venture Partners (MVP) is a New York-based principal investor and advisor specializing in the secondary market for private venture-backed technology companies, managing $10B+ in AUM across its All-Star Fund series and serving accredited investors, late-stage companies, and pre-IPO shareholders.

Ownership category

akta.pro rank

Product category

Venture Capital / Secondary Market Investment Services

NAICS

Portfolio Management and Investment Advice (523940), Investment Banking and Securities Intermediation (523150), Other Investment Pools and Funds (5259), Other Financial Investment Activities (5239)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Late-Stage Venture Capital (Series C+) (FSANAAAC)

akta.pro secondary industries

Venture Capital Secondaries (LP Interests & Direct Secondaries) (FSANAFAJ), Secondary Venture Funds (VC Secondaries) (FSANAAAK), Venture Capital Fundraising Placement (FSAEALAC)

Keywords

• Secondary market investments
• Venture capital funds
• Pre-IPO liquidity
• Private equity advisory
• Fund placement services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Management Fees: MVP Manager LLC charges management fees for managing investment funds which invest in late-stage private technology companies (the MVP Funds). The firm acts as placement agent for the MVP Funds in the sale to investors.
2. Placement Agent Services: VNTR Securities LLC serves as placement agent for MVP Funds, receiving fees from fund issuers for facilitating private placement transactions. Fees effectively allocate up to 10% of investor purchase price, deducted by the issuer.
3. Secondary Transaction Facilitation: The firm facilitates private secondary transactions in an agency capacity, acting as intermediary between buyers and sellers. Receives transaction-based compensation which may be paid by buyer, seller, or both parties, negotiated at time of transaction.
4. Advisory Services: MVP provides advisory services to startups and companies designing liquidity programs, and to shareholders seeking liquidity solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Manhattan Venture Partners is a principal investor and advisor specializing in the secondary market for private venture-backed technology companies. The firm manages the MVP All-Star Funds series, executing secondary transactions in late-stage pre-IPO technology companies, and offers its proprietary Secondary-as-a-Service model to provide liquidity to company shareholders ahead of IPO or acquisition events.

Product overview

Manhattan Venture Partners (MVP) is a principal investor and advisor specializing in the secondary market for private venture-backed technology companies. Founded in 2014, MVP pioneered the institutionalization of this asset class and operates primarily through its MVP All-Star Funds investment vehicles. The firm offers its proprietary Secondary-as-a-Service approach, working closely with companies and shareholders to provide pre-IPO liquidity, and employs a Land & Expand investment strategy for later-stage funding rounds. MVP complements its investment activities with a robust research operation producing the Liquidity Watchlist (top 25 IPO/acquisition candidates), Venture Bytes monthly reports, Industry Sector Reports, the annual Outlook Series webinars, and Year in Review publications. The firm focuses on mid to late-stage technology companies with established business models and strong growth potential across sectors including AI, fintech, defense technology, cybersecurity, and transportation.

Differentiator

Problem solved

Functional benefit

Brands

• Secondary-as-a-Service: A proprietary model of working closely with companies and their shareholders to provide access to liquidity before an IPO or sale.
• Manhattan Venture Research
• VNTR Securities
• Venture Bytes

Products and services

• MVP All-Star Funds Series of venture capital funds that invest in secondary market opportunities in late-stage private technology companies. Available to qualified accredited investors and institutional LPs as limited partnership interests through VNTR Securities LLC and MVP Manager LLC.
• Secondary-as-a-Service A proprietary offering in which MVP works closely with companies and their shareholders to provide liquidity before an IPO or sale, giving investors access to attractive positions at times when companies do not need or want additional primary capital. Delivered to companies approaching a liquidity event and to investors seeking exposure.
• Liquidity Program Advisory Advisory services to late-stage venture-backed companies on designing and executing structured liquidity programs, addressing RSU cliffs, ISO deadlines, employee retention, and dilution management ahead of IPO or M&A.
• Secondary Transaction Facilitation Agency-based intermediary service facilitating private secondary transactions between buyers and sellers of pre-IPO company shares, with transaction-based compensation paid by buyer, seller, or both parties as negotiated.

Quantifiable outcome

• 18 IPOs and 6 strategic exits in 2024
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• VNTR Securities LLCcoreOthersWholly-owned subsidiary of Manhattan Venture Partners. FINRA registered broker-dealer (CRD# 283856) and SIPC member, approved to sell Private Placements of securities. VNTR is the primary distribution channel for MVP Fund offerings to accredited investors.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Forge Global: Forge Global operates the largest private company secondary marketplace, directly competing with MVP in providing liquidity to shareholders of pre-IPO companies. Both serve accredited investors seeking exposure to late-stage venture-backed technology shares.
• EquityZen: EquityZen is a direct competitor in the private secondary market, facilitating pre-IPO share transactions for accredited investors in venture-backed technology companies. Operates with a similar fund + secondary transaction model.
• Hiive: Hiive is a private company secondary marketplace for venture-backed shares, directly competing with MVP's Secondary-as-a-Service offering for buyers and sellers of pre-IPO technology equity.
• SharesPost: SharesPost is one of the original private company secondary platforms, providing liquidity in late-stage venture-backed technology shares to accredited investors. Direct competitor in the same niche.

Broad incumbents

• Nasdaq Private Market: Nasdaq Private Market is an institutional secondary platform operated by Nasdaq, offering similar private share transactions and liquidity solutions for late-stage private companies. Larger scale and broader market access.
• StepStone Group: StepStone Group operates a major secondaries platform alongside its primary private markets fund-of-funds business. Competes with MVP for LP capital in secondaries-focused funds and offers GP-led continuation vehicles.
• Ardian Secondary: Ardian operates one of the largest secondary fund of funds and direct secondary platforms globally. Competes with MVP for institutional secondary mandates and LP secondaries deals.
• Lazard Secondary Advisory: Lazard provides secondary advisory and fund placement services through its financial advisory division, competing with MVP's placement agent and secondary transaction facilitation services.
• Tiger Global Management: Tiger Global is a major late-stage venture capital investor that often participates in the same rounds as MVP's portfolio companies. While not a direct competitor, Tiger's scale and aggressive late-stage deployment affects MVP's deal pricing and access.

Emerging players

• Carta Secondaries: Carta has expanded from cap table management into private share transactions and tender offers, increasingly competing with MVP in providing liquidity solutions for private company shareholders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mvpvc
• LinkedInlinkedin.com/company/5335853
• Instagraminstagram.com/mvp.vc
• Facebookfacebook.com/manhattanventurepartners

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments115 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Manhattan Venture Partners (MVP)