SecondaryLink - How to spot a zombie fund before it's too late

How to spot a zombie fund before it's too late

By: David Snow, Joncarlo Mark, Eric Green

Published: May 4, 2026

In this episode of the 'Liquid Courage' podcast, Hosts David Snow & Upwelling's Joncarlo Mark offer insights into zombie funds and how to remove them from your portfolio before value erosion kicks in.

Ben Black on why VC is broken, the rise of secondaries, and taking VC public

Aug 21, 2026

In this episode of the 'How I Invest' podcast, Host David Weisburd speaks with Akkadian Ventures' Ben Black about the evolution of venture secondaries and why liquidity is becoming critical.

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Retail Investors & Private Wealth

Why investors are clamoring for evergreen funds

Aug 12, 2026

In this episode of the 'Liquid Courage' podcast, Hosts David Snow & Upwelling's Joncarlo Mark talk to Hamilton Lane's Brian Gildea about evergreen fund mechanics, secondaries, and investor demand.

European secondaries are rapidly evolving

Jul 22, 2026

In this episode of the 'Liquid Courage' podcast, Hosts David Snow & Upwelling's Joncarlo Mark talk to Ares' Sebastien Burdel and Piper Sandler's Oliver Altendorf about the evolution of European CVs.

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Infrastructure

Data center deals are appearing on the secondaries radar

Jun 18, 2026

In this episode of the 'Liquid Courage' podcast, Hosts David Snow & Upwelling's Joncarlo Mark talk to Ares' Edward Keith about digital infrastructure's investment opportunities & valuation pressures.

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Videos & Podcasts

Venture Capital

Private markets, liquidity, and the next IPO boom

Jun 9, 2026

In this episode of the 'How I Invest' podcast, Host David Weisburd speaks with NewView Capital's Ravi Viswanathan about venture secondaries, liquidity solutions, and the future of venture investing.

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Videos & Podcasts

GP-Leds

Continuation vehicles are here for good, but are LPs ready to roll?

Apr 22, 2026

In this episode of the 'Liquid Courage' podcast, Hosts David Snow & Upwelling's Joncarlo Mark discuss the rise of CVs from an LP's perspective with Allstate's Sarah Farrell and Coller's Katrina Liao.

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Private Debt

Credit markets shifts unlock secondaries value - Liquid Courage podcast

Mar 27, 2026

Host David Snow dives into the rapidly growing credit secondaries market with Coller Capital's Ed Goldstein and Upwelling Capital's Eric Green.

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Videos & Podcasts

Venture Capital

VC has an $8 trillion liquidity problem - Liquid Courage podcast

Mar 23, 2026

Hosts David Snow and Upwelling's Joncarlo Mark dive into venture capital's weak exit market with Knightsbridge Advisors' Matthew Ahern and Piper Sandler's Andy Nick.

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Videos & Podcasts

NAV Loans

Structured solutions are going mainstream – Liquid Courage podcast

Feb 23, 2026

Hosts David Snow and Upwelling's Joncarlo Mark dive into pref-equity solutions and NAV loans with Dawson Partners' Yann Robard and Crestline's Dave Philipp.