Erik Sebusch outlines Mercer Alternatives' current portfolio strategy across the venture capital lifecycle.
0:00 / 0:20exact quote · 21.0s
720p mp4 · rendered on demand · StarZero watermark
“At the moment, we're looking at more of a Barbell strategy, that very early stage and true growth, which I believe is the growth that is using to fuel extra sales. Technology risk is out. The mid-stage, we're at a little bit of a risk area right now because we've fallen into a fundraising risk environment.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Eric Seabush
PredictionNot checkable as stated
Sebusch predicts many late-stage venture unicorns will become 'zombie corns'
“In the late area, there's a lot of unicorns that are going to be zombie corns, right? And that's part of our job of trying to ascertain and understand what those portfolio looks like.”
Eric SeabushOct 23, 2023▶ 38:17Raelan Lambert, John Jackson, and Erik Sebusch – Inside Mercer Consulting (EP.345)
Insight
Mercer's Sebusch: Short 2-to-5-year carry vesting destroys venture fund alignment
“I've seen An explosion of short vesting schedules of two to four to five years, and it's just not great alignment. I don't want a GP to be able to leave after two years, get a hundred percent of their carry, sit on the beach, and now the team or the LP base ha…”
Eric SeabushOct 23, 2023▶ 49:08Raelan Lambert, John Jackson, and Erik Sebusch – Inside Mercer Consulting (EP.345)
Disclosure
Sebusch: Mercer favors smaller fund managers across all venture stages
“One element we do like is we do like to skew towards the smaller managers of each sector or asset class. Smaller growth equity managers, smaller early stage managers, smaller mid-stage, because we want to begin a relationship that we can grow over time with th…”
Eric SeabushOct 23, 2023▶ 39:38Raelan Lambert, John Jackson, and Erik Sebusch – Inside Mercer Consulting (EP.345)
Disclosure
Mercer Portfolios Feature 25–35 PE Managers With 10%–50% in Venture
“We would have a portfolio of probably 25 to 35 private equity managers, and your venture portfolio could be anywhere between 10% of that to 50%, depending upon the client.”
Eric SeabushOct 23, 2023▶ 42:53Raelan Lambert, John Jackson, and Erik Sebusch – Inside Mercer Consulting (EP.345)
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 700 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.