Jared Carmel is a Managing Partner at Manhattan Venture Partners and a General Partner at Secondary Direct Ventures, LP.

jaredcarmel-headshotJared specializes in providing liquidity and diversification for investors, employees and entrepreneurs, and has been a pioneer in the development of the secondary direct venture market. Jared has worked on a variety of assignments, including early and late stage venture capital, private investment in public equity (PIPE), M&A projects and secondary direct stock offerings. He has extensive experience in investment banking, acquisition integration, board work and business operations, and his involvement has helped produce over $2 billion in invested capital across some 30 businesses. In addition to his activity in the secondary markets, Jared Carmel also makes opportunistic growth equity investments in traditional venture capital.

Jared holds a B.A. from the University of Buffalo’s School of Informatics, where he also served as the Founder and Treasurer of the Economics Student Association. He began his career as an Associate at Laidlaw & Co., a boutique banking firm, where he focused on alternative investments and primary and secondary offerings for public companies seeking growth capital. Jared then took a position as Senior Vice President of Venture Capital at AEFC, where he focused on late-stage venture capital and spearheaded the effort to establish an east coast presence for the firm.

In 2013, Jared Carmel became the Managing Director and Director of Secondary Markets at Gentry Financial Group, now known as GSV Financial Group. In this capacity, he headed the firm’s secondary markets practice and led investments into some of the best-known names in Silicon Valley. Jared leveraged his extensive relationships to offer Gentry participation in the cap tables of some of the fastest growing and most difficult to access startups in Silicon Valley, including but not limited to Twitter, Palantir, Evernote, Lyft, BloomEnergy, Violin Memory, Jumptap, Spotify and Jawbone. As Director of Secondary Markets, he helped create the Gentry Technology Fund I (GTFI) and subsequently selected, advised and curated all investments made by the fund. His portfolio accounted for all of the liquidity events for Gentry in 2013. He left the group with the legacy of a secondary market business line, which has overtaken late stage venture co-investing as Gentry’s most lucrative and primary business.

Jared Carmel founded Citizen VC, a financial technology and investment firm, in 2014. During his time with the company, he oversaw its secondary direct venture capital activities, including managed funds, brokered transactions, as well as select early stage venture investments into Leeo and MoneyLion. He then launched Manhattan Venture Partners in September of 2014, a research-driven merchant bank focused on the secondary market for late-stage private technology companies. The firm engages in “Human Venture Capital,” by helping entrepreneurs unlock needed capital while allowing unique access for investors to participate in an attractive asset class.

Manhattan Venture Partners holds over 100 years of collective experience in VC & PE.

This wealth of knowledge allows them to provide insight into and understanding of secondary-market transactions and their considerable nuance. MVP invests its own capital, while connecting stockholders with other investors who are interested in buying pre-IPO shares. The company’s experienced executives and focus on one-on-one communications has allowed it to ensure efficiency and transparency in order for the proposed trade to close.