Lisa Edgar: Top Tier managed two VC fund-of-funds with no J-curve
Lisa Edgar · 20VC: Inside The Mind of A Leading LP: How LPs Evaluate New Fund Managers on Everything from First Meeting to Portfolio Construction To Fees and Carry with Lisa Edgar, Managing Director @ Top Tier Capital Partners · Nov 4, 2019 · at 16:13
Lisa Edgar is Managing Director at Top Tier Capital Partners. She explains how using secondaries enabled Top Tier to generate early returns and eliminate the traditional J-curve in fund-of-funds.
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“We had two fund-to-funds that didn't even have a J-curve. I mean, think about it. Venture capital only, fund-to-funds, no J-curve.”
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