Institutional Funds
topic on 3 shows · 4 statements across 4 episodes
Starter Story
Capital Allocators
TBPN
4 statements about Institutional Funds, every show
Sullivan: Yale walked away from top buyout manager after 7.5x fund expansion
“We had a firm that we worked with. We were in their first two institutional funds in the early 2000 period. They were both spectacularly successful. When they raised their third institutional fund, they set out to raise a fund that was seven and a half times t…”
Bartlett: Institutional VCs still face social stigma selling secondary shares early
“I'm not sure it's totally socially acceptable, at least for the institutional funds to do it. I think it's far easier if you're an angel, people are a little bit more understanding of that”
Arndt: Institutional Macro Inaction Stems From Governance, Not Investment Talent
“Most of the things we think about the world are not secrets. Plenty of people are debating the same issues. It really boils down to, are you willing to act on that? And how far are you willing to move off the back of that? And mostly that's not the capability …”
Patis relies on lead VC funds to underwrite due diligence
“I am not built Like an institutional fund with management fees to work nine to five on this and do the diligence that a traditional institutional fund would do. So piggybacking or leaning on these funds that are set up to lead rounds, set terms, and sign off o…”