PE Secondary Market Perspectives: Joncarlo Mark of Upwelling Capital

Derek Minno (interviewer and author) - Derek has served as a GP in a domestic VC Fund; a
GP in an international PE Fund, an LP in multiple PE and VC Funds, and a C-level executive
in VC-backed companies. He is the President of Point Capital.

Derek Minno developed a series of interviews with leading managers focused on Venture
Capital (VC) Secondaries. He published a book with these interviews and some bonus
chapters. The book is considered one of the best on this subject and can be downloaded
for free here.

Given the popularity of the VC Secondary Series, Derek has expanded with interviews
focused on Private Equity (PE) Secondaries. In this release, Derek talks with Joncarlo Mark,
founder of Upwelling Capital Group. Joncarlo talks about Upwelling Capital and their
perspective and work in the secondaries industry. Joncarlo also discusses the early days of
secondary investing at CalPERS and the role the Institutional Limited Partners Association
(ILPA) has played in the evolution of secondary investing.