growth equity

“Our portfolio has no large buyout at all, because we think that, well, that makes the capacity so much harder, by the way, but we think that large buyout is really just levered equities, typically. And if there's skill added on top, and there might be, then mo…”

“But in general, if you had to place it in one, I think growth equity does make some sense. These are minority stake investments typically going to be used for some sort of growth action.”

“It had a lack of correlation. It's really hard to find. It had attributes that looked a little bit like a blend of core infrastructure, core real estate, but also growth equity.”

“We've never seen a company that's profitable and growing its EBITDA 50% quarter for quarter, raise at such low multiples and have so much trouble raising because so many people say, ah, just we haven't figured out the market yet.”

“We think on a risk reward basis, and our data shows this in our funds over the past five funds, that investing in growth equity on a risk return basis is a far more compelling Opportunity and attractive opportunity, particularly given its liquidity profile tha…”

“It is a access class, not just an asset class, and so that means you may not be able to do as much venture. There's still great venture companies out there. It's the new breed, the people that leave the larger firms and start up and do great at a smaller size,…”

“So the good GPs attract the good LPs, and this all also attracts the greatest portfolio companies. It's super important to get into those best top names.”

“The best way to win a process is often for us to avoid the process.”

“A big endowment just said growth equity doesn't work.”

“We didn't have LPs that were institutional. We didn't know anybody on Wall Street. We actually started out in venture capital and growth equity because you could just write checks, didn't rely on other people's checks. And the money we raised was from the part…”

“Very few people able to raise growth in late 2022 and 20 23. The tailwinds just aren't in your favor. It doesn't matter how good you are.”

“Most of those companies can't raise growth equity anymore because growth equity is running more towards AI than software.”

“So what's happened is a lot of the institutional allocation portfolios who never used to invest in growth equity, their most successful venture investments have created a very meaningful bucket of growth equity that they can't exit.”