Capital Allocator's @tseides dives into the Yale Model, providing insights into David Swensen's investment strategy, covering: The Yale Model Principles, David's Warnings, Illiquidity, Asset Allocation, Active Management, PE & VC, Rebalancing, and More. 👇 capitalallocators.com/the-real-yale-…
GPs— When communicating bad news to an LP, remember "PIE." P: What’s the PROBLEM & what’s being done about it? I: What’s the IMPACT eg., If company goes to 0.0 - what’s the potential impact to overall fund performance? E: What’s the LPs’ EXPOSURE within the fund? Read more…
No “heard from VC LPs” this week thanks to COVID 😷, so I thought I’d throw together a 🧵 on Five LP Communication Principals. Just reflections from a long time working with LPs. Applies to communicating both good and bad news. Enjoy!👇
VCs, if you're curious what's standard for mgmt fees, @peterj_walker, Head of Insights at @cartainc, shares data from 1,800+ #VC funds. 👇
VC fund management fees from over 1,800 funds using Carta fund admin. 2% is the standard until about $100M AUM, then 2.5% seems to be the consensus. But more distributed at the earliest stages than I expected!
