Jared Carmel
Father, Husband, and Managing Partner in New York
Jared Carmel
Secondary is Primary™
Founder and Managing Partner, Manhattan Venture Partners | General Partner, All-Star Funds | Secondary Markets Pioneer
Tomorrow's IPOs Today™
I co-founded Manhattan Venture Partners in 2014 and built it into the first institutional platform for hybrid primary and secondary venture investing, now $3.7B in assets under management as of June 30, 2026. I have been institutionalizing the direct secondary market since 2009.
Rankings
Bloomberg 2026 Private Funds League Tables ranked MVP All-Star Fund V #1, top-performing venture fund by net IRR, under $500MM. All-Star Fund III previously ranked #7 and All-Star Fund II #8 in the same category. Three appearances across multiple league tables, one strategy.
PitchBook Top 10 Global Secondary Investor by transactional volume.
Portfolio Leadership and Investment Strategy
MVP has invested in 81 companies across artificial intelligence, defense, space, robotics, fintech, and cybersecurity through our Land and Expand™ strategy, entering alongside top-tier venture firms at Series C+ and expanding positions through secondaries to compress cost basis. The result is early-stage return multiples on late-stage risk profiles, and top-decile net DPI delivered in roughly four to five years against an industry standard of 13+.
Current portfolio (sample): Anthropic, Databricks, Decart, Saronic, Mach Industries, CHAOS Industries, Base Power, Figure AI, Epirus, Agility Robotics, Revolut, Epic Games
Exits: 18 IPOs and 6 strategic sales, including SpaceX, xAI, X, HawkEye 360, Groq, Klarna, Kodiak Robotics, Capella Space, Coinbase, Palantir, Airbnb, DraftKings, Spotify, Lyft, Pinterest, DocuSign, SoFi, Postmates
Secondary-as-a-Service™
I pioneered and trademarked Secondary-as-a-Service™, institutionalizing what had been an ad hoc, relationship-driven market. The platform helps private companies manage cap table optimization, employee liquidity programs, and strategic transactions on an ongoing basis rather than event-by-event.
Manhattan Venture Research
I founded Manhattan Venture Research, the first institutional research platform covering private companies. Our work on Spotify, Palantir, SpaceX, and Uber became the industry standard. The research is read by 15,000+ subscribers, built organically, and is distributed on Bloomberg terminals.
Before founding MVP, I co-founded Citizen.vc and served as Director of Secondary Markets at G Squared, where I built the firm's secondary funds.
Global Presence and Media
30+ professionals across nine offices: New York (HQ), San Francisco, Los Angeles, Mexico City, London, Paris, Milan, Istanbul, and Dubai. Serving 1,100+ investors. Featured in CNBC, The Wall Street Journal, The Washington Post, CNN, MarketWatch, and TechCrunch. Recent speaking includes "Outlook 2026: Secondary is Primary™" at SXSW with Nasdaq Private Market.
Investment Focus • Artificial intelligence and machine learning • Defense technology and dual-use applications • Space infrastructure and satellite systems • Robotics and autonomous systems • Fintech and digital payments
Beyond investing, I lead The MVP Foundation, supporting chronically ill children at SUNY Downstate Medical Center.
University at Buffalo graduate, father of three, eternally optimistic New York Jets fan.