Cendana operates a direct fund targeting Series B and C portfolio companies
Michael Kim · 20VC: What It Takes To Raise A VC Fund & Investing in First Time Fund Managers with Michael Kim @ Cendana Capital · Jul 6, 2016 · at 10:10
Michael Kim is the Founder and Managing Partner of Cendana Capital, a prominent fund-of-funds manager. He describes Cendana's strategy for co-investing in companies originated by its seed managers.
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“Specifically to Sandana, we do have a direct investment fund. So we have a standalone fund that invests directly into the portfolio companies of our fund managers. The idea here is that we would invest at the early growth stage, so series B or C. These companies have ten million plus of revenue. We think that technology and market risk are largely mitigated.”
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