fund size

4 statements across 4 episodes · 1 bullish · 2 bearish · 4 people on the record · first statement Feb 14, 2022 by Joelle Kayden · across every show →

Everything said about fund size, oldest first

Feb 14, 2022 negative
Disclosure
Kayden: Fund size outgrowing opportunity is top reason Accolade passes on re-ups
“It's usually that the fund size over time evolves to be Too large relative to what we think the opportunity is or what we think the team's capability are. So sometimes a team that's going to have a great fund at five hundred million is not going to have a grea…”
Joelle Kayden Feb 14, 2022 ▶ 40:39 Joelle Kayden – Canvassing the Landscape at Accolade Partners, Venture is Eating the Investment World 7 (Capital Allocators, EP.235)
May 15, 2023 positive
Disclosure
Lasry: Avenue caps fund size at $1B to avoid relying on leverage
“Our niche is we try not to raise funds that are larger than a billion dollars. Because the larger we get, the more we're going to compete and need leverage to generate returns. The smaller you are, the more you can generate unlevered returns.”
Marc Lasry May 15, 2023 ▶ 42:28 Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
Nov 25, 2024
Disclosure
Bank: Fund Size Is GEM's Top Consideration When Underwriting PE Managers
“Fund size is probably the number one aspect that we underwrite.”
Matt Bank Nov 25, 2024 ▶ 40:23 Matt Bank - "GEMs" of Risk, Asset Allocation, and Manager Selection (EP.419)
Jan 26, 2026 bearish
Insight
MacDonald: Fund managers rationalizing fund size increases signal allocators should exit
“With GPs who rationalize raising more money without being intellectually honest about it, Is a first indication that you should be thinking about heading for the exit.”
Lane MacDonald Jan 26, 2026 ▶ 44:34 Lane MacDonald – Teamwork, Alignment, and Investing at the Highest Levels at SCS (EP.483)
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