New Vintage Partners

New Vintage Partners is an investment firm specializing in the Venture Capital and Growth Equity ecosystem, primarily operating within the secondary markets. The firm focuses on creating portfolios of Limited Partner (LP) stakes in best-in-class venture capital and growth equity assets, funds, and managers. They aim to address the liquidity challenges faced by LPs in the venture and growth landscape by providing flexible and dynamic liquidity solutions. These solutions include outright LP stake purchases, LP strip purchases, preferred equity, risk transfer, capital call financing, and other innovative structured solutions, tailored for both Limited Partners and General Partners.

Founded in 2023 by Charles Jaskel and Ben Slome, New Vintage Partners emerged from their observation of persistent inefficiencies in the secondary market, particularly concerning venture capital and growth equity. Jaskel's background includes investment banking, private equity, and managing sponsor liquidity in public markets, while Slome brought a complementary perspective to the market. The firm recently announced the final close of its inaugural fund, Fund I, with $82 million of committed capital, positioning them to continue their disciplined investment strategy.

While New Vintage Partners primarily invests in LP stakes rather than direct company investments, they have successfully closed multiple transactions involving complex LP portfolios. Their strategy focuses on LP-led secondary transactions, complemented by selective GP-led and direct opportunities, providing exposure to later-stage companies with significant revenue and defensible business models. The firm emphasizes fundamental underwriting of underlying companies and portfolio exposures to invest at attractive entry points.

The team at New Vintage Partners includes founders Charles Jaskel and Ben Slome, along with key personnel such as Lindsay Tragler (Partner, Head of Capital Formation), Brian Downs (Investment Team Principal), and Greg Doyle (Chief of Staff). The advisory team comprises Jason Gull, Marc Fuller, Liza Gold, Aaron Rinberg, Jared Stone, and Connor Theilmann. The firm's managers leverage extensive experience in private equity, having executed numerous deals across North America and Europe, with a focus on healthcare and technology sectors.