

Beyond the Winners: Unlocking Liquidity Across the VC Portfolio
There is often more value sitting inside a VC portfolio than the headline winners suggest.
But what happens to the companies that aren't failures, yet aren't obvious winners either?
Join us for a 30–35 minute conversation on how GPs can identify unrealised value, navigate complex cap tables and founder dynamics, and create new pathways to liquidity — including when bringing new capital and using an SPV structure can make sense.
We’ll discuss: portfolio liquidity, DPI, the “middle” of the portfolio, realisation strategies, cap tables, founder alignment, new capital and SPVs.
For VCs, GPs, LPs, family offices and private market investors.
Aleksandrina Ikonomova is Founding Partner of Pisana Labs, which works with venture funds on portfolio positions that are underperforming or slow on growth. Pisana fixes the operations and the commercial model, with a sale as the endpoint, either buying part or all of a fund's holding through an affiliated vehicle, or running the turnaround in place while the fund keeps its stake. The team works with companies at $1M-$10M ARR in B2B SaaS or marketplaces. Exited founder and angel investor.