Avestor runs a $5M internal fund to test transaction volumes
Badri Malinar · This SaaS For Fund Manager's Just Hit $40k of MRR charing a % of AUM Managed · Oct 12, 2023 · at 3:42
Badri Malinar, co-founder of Avestor, outlines the size and testing purpose of their internal fund.
0:00 / 0:11exact quote · 11.7s
720p mp4 · rendered on demand · StarZero watermark
“The company run fund is less than five million, about five million dollars. It's less than the intent of that fund was never to grow the fund. It was purely to test out large volumes of transactions.”
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 Badri Malinar
Malinar: Private funds have nearly overtaken public markets in size
“Today, the private fund industry is almost overtaken the public markets. There are trillions.”
Malinar claims Avestor is the only customizable evergreen fund platform
“We are the only platform in the world which offers a customizable fund, and a customizable fund is an evergreen fund.”
95% of Avestor LPs prefer picking specific deals over blind pools
“What we have found is 95% of our investors really prefer to pick and choose which deals you want, which asset classes you want, which timeframe you want.”
Malinar claims Avestor has under 5% lifetime fund churn
“In fact, it's strange that you mentioned that we have probably the lowest amounts of churn, less than five percent for a SaaS business.”