Fund Recycling Moves the Needle for Both LPs and GPs. Here’s How.
For as powerful of a mechanism as fund recycling can be, we believe it is an under discussed strategy in venture investing. It can transform a good fund into a great fund, and a great fund into an even better one.
Avoiding Venture Capital Fund Administration Headaches
For venture investors, fund administration and reporting is no joke. Luckily, Elizabeth Kraus of Mergelane is willing to share “some of the easily avoidable administrative mistakes I’ve made over my 10-year journey as a startup investor.”
Multi-Stage Portfolio Construction Tool
Monte Carlo simulations, power law curves, valuation step-ups, and more… This fantastic interactive modeling tool from Kauffman Fellows lets you test out various multi-stage VC portfolio construction strategies.
How Firms Are Seizing the Opportunity Funds
“In 2019, non-flagship funds (opportunity funds, SPVs) raised $13.2b across 190 vehicles, ~1/4 of total VC assets raised that year in the US. These types of funds have been outpacing the growth of the flagship market since 2010.” More here on the...