Placement Agent
topic on 2 shows · 4 statements across 4 episodes
4 statements about Placement Agent, every show
Lacaillade: Using placement agents is a terrible sign for venture funds
“I'm not saying I would, Completely rule out a venture fund that had an agent, but it's a terrible sign.”
Berntsen: Intermediaries Push Emerging Managers to Pitch Prematurely
“So a lot of emerging managers tend to go to market way before they're baked. And it's interesting because structurally the industry propels them to do so. So for instance, in public markets, you have, you know, cap intro teams and private markets, you have pla…”
Early-stage and smaller fund managers should not use placement agents
“If you're an early or unproven fund, early stage manager, smaller fund, it just doesn't make sense. I think you have to build those relationships on your own.”
Kaji: Micro VC firms should not hire placement agents
“I'm generally not in favor of a placement agent with respect to micro VC firms. I think managers should be able to sell their own story. The fundraising element of running a firm is probably one of the most important. Getting the feedback, pitching the story. …”