Foundations And Endowments
topic on 2 shows · 2 statements across 2 episodes
2 statements about Foundations And Endowments, every show
Peer endowments carry 300 managers, leaving no time for new diligence
“So a lot of our peers have two to 300 managers, which, and staffs about the same size, which means that a substantial portion of their resources are dedicated to monitoring existing managers, which means how much time can you spend looking at new managers?”
Skok: Emerging VCs should target endowments over individual investors
“It's very important to look at this as a business that is At least a decade long fund at a time, and you never really know the results of your fund's performance for some number of years. So you need to get investors who are very patient, and you have the you …”