first-time funds
also referred to as: first time funds
3 statements across 3 episodes · 1 bullish · 1 bearish · 3 people on the record · first statement May 24, 2021 by Ashby Monk · across every show →
Everything said about first-time funds, oldest first
May 24, 2021 negative
Monk: Board bans on first-time funds force allocators into expensive managers
“A lot of the boards of directors think they're protecting their organization from failure by telling their teams they can't do first time funds, or they can't invest in hedge funds below a certain AUM, which is another way of saying you can only invest in fund…”
Dec 30, 2021 positive
Yuppin: Top CIOs target first-time VC funds and spinouts for outsized returns
“Today, you're seeing the real great CIOs are looking for first time funds, spin outs, where you've really identified talent and you want to be there early so you can gain greater capacity and you're more actively involved early and you're capturing some of tha…”
Oct 30, 2023 neutral
Ou: GroveStreet invests in first-time funds, never first-time investors
“Now, even for fund ones, we would never invest in first time investors. As we'd say, we'd invest in first time funds, but not first time investors. There's need to be teams that have demonstrated track records in their prior Pretty fun careers, whether spin ou…”