Peter Lacaillade

14 statements across 1 episodes · 1 bullish · 5 bearish · 1 people on the record · first statement Dec 18, 2023 by Peter Lacaillade · across every show →

On the record as a speaker too: Peter Lacaillade's record, appearances and statements → this page counts the times other people say the name.

Everything said about Peter Lacaillade, oldest first

Dec 18, 2023 negative
Insight
Lacaillade: Deploying $30M annually in private equity lacks necessary LP scale
“There's a minimum scale. Like, if you're investing thirty million dollars a year, like, that's not enough money. Unless you want to do something, like, really concentrated, but I don't recommend that.”
Peter Lacaillade Dec 18, 2023 ▶ 44:56 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023 negative
Disclosure
Lacaillade: SCS Financial does not accept cold email outreach from managers
“I don't do cold emails”
Peter Lacaillade Dec 18, 2023 ▶ 1:12:57 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023
Insight
Lacaillade: Optimal private equity portfolios require 60 to 70 active GP relationships
“I think it's the diversification piece in, in private equity, the way to build an optimal portfolio, which I think is, I have 60, 70 active relationships in private equity. I think there's a lot of people out there that say it should be like 20 to 30.”
Peter Lacaillade Dec 18, 2023 ▶ 1:15:58 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023 bearish
Opinion
Lacaillade: Using placement agents is a terrible sign for venture funds
“I'm not saying I would, Completely rule out a venture fund that had an agent, but it's a terrible sign.”
Peter Lacaillade Dec 18, 2023 ▶ 1:14:09 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023 negative
Opinion
Lacaillade: Fund of funds act transactionally to optimize short-term optics
“Funded funds are transactional. They're trying to raise their next funds. You know, they're often, like, trying to, like, cut a deal, like, get, like, a, like, they want to look good early”
Peter Lacaillade Dec 18, 2023 ▶ 1:05:33 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023 neutral
Insight
Lacaillade: In a 10-fund LP portfolio, 3-5 exceed expectations and 1-3 underperform
“If I do 10 funds, what I've found is three to five exceed expectations, three to five meet expectations, one to three underperform.”
Peter Lacaillade Dec 18, 2023 ▶ 0:17 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023 neutral
Insight
Lacaillade: Emerging managers should target 20 LP meetings with high yield
“I'm a big proponent of doing targeted, like not meeting like a 120 LPs and taking the first dollars, but like having like a thoughtful, like do 20 meetings and try to have a, you know, 40, 50% yield.”
Peter Lacaillade Dec 18, 2023 ▶ 1:12:32 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023 negative
Opinion
Lacaillade: Bureaucracy and low pay depress competition among institutional LPs
“A lot of the big pools of capital have very bureaucratic structures and low pay.”
Peter Lacaillade Dec 18, 2023 ▶ 1:05:22 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023 neutral
Insight
Lacaillade: $100M family offices should use multifamily offices or fund-of-funds
“You should probably, in that scenario, you should either partner with a multifamily office like SES, or you should invest in a fund of funds.”
Peter Lacaillade Dec 18, 2023 ▶ 1:11:51 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023
Disclosure
Lacaillade: SCS Financial accounts for 50% of capital in select funds
“I'm like half a couple of funds.”
Peter Lacaillade Dec 18, 2023 ▶ 1:03:15 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023
Disclosure
Peter Lacaillade allocates about 70% of personal capital to private equity
“I'm probably like 70, but I eat my own cooking.”
Peter Lacaillade Dec 18, 2023 ▶ 1:09:50 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023 positive
Disclosure
Lacaillade: SCS Financial private deployment grew from $250M to $1.5B annually
“When I joined SCS, we had seven billion dollars under management. I was investing maybe two hundred and fifty million a year. Now it's like about a billion and a half.”
Peter Lacaillade Dec 18, 2023 ▶ 0:00 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023 neutral
Insight
Lacaillade: Track record ranks fourth or fifth when evaluating fund managers
“Track record is important. Like it tells you, do these people know how to invest? Like, are they smart? But for me, and I say this often, it's like, maybe it's number four or five on my list of things that are important, like the quality of the team. And we ca…”
Peter Lacaillade Dec 18, 2023 ▶ 12:57 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
Dec 18, 2023
Disclosure
SCS Financial Writes $20M-$100M Fund Checks and $5M-$15M Seed Checks
“My typical investment is somewhere between kind of 10 to 25. I'll go up to 50, I'll go down to five. Funds, I will write checks between 20 to like a hundred million. And actually in the seed venture, it's like kind of like five to 15.”
Peter Lacaillade Dec 18, 2023 ▶ 38:03 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
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