Large institutional LPs cannot invest in small $20M to $40M funds
John Taylor · 20 VC 030: VC Funds, Angels and IPOs with John Taylor, Head of Research @ NVCA · Apr 23, 2015 · at 4:59
John Taylor, Head of Research at the NVCA, outlines structural allocation constraints that prevent mega institutional investors from backing smaller VC funds.
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“A lot of the money's in the hands of very, very large institutions that can no longer put money into a 20 or 30 or forty million dollar venture fund. They just don't have, they just can't divide it up in that small a parcel.”
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