We choose exceptional fund managers based on 3 main criteria:
A Unique & Repeatable Strategy
-
Knowledge, skills, or industry positioning which create a competitive advantage for the fund
-
Pursue a strategy that we believe is favored by global market trends for the next decade
Attractive Fund Marketing
-
Raising a mid-sized amount of capital
-
Size consistent with previous funds
-
General partners own a substantive stake of fund
-
Generally avoid placement agents
GP/LP Interest Alignment
-
Compensation structure that endeavors to align manager and investor interests
-
Serve primarily an institutional clientele
-
Command investment minimums such that a pooled vehicle structure is appropriate