Judy L.’s Post

Is the reign of bank-financing loosening its grip? Private funds and family offices are taking up more & more space in an area previously dominated by traditional capital.   The Venture Capital sector has seen immense growth over the last decade, as a result we’re seeing an increase in non-traditional VC players entering the market. What does non-traditional look like? Family Offices are definitely making their mark, both by investing into VC funds and the Family Offices essentially becoming VC funds themselves via their own investment teams.   Mythily Katsaris asks Howard Watt about the rise in non-traditional capital driving deals.   Discover more about our approach to Private Capital here: https://lnkd.in/eDxcxS2m  

As of late I’ve been involved in a lot of deals that require Pref or JV Equity raising. Those have solid fundamentals and returns but, as we all know, it is still not that easy to raise this particular part of the capital stack in today’s environment. Some discussions with my colleagues made me think… what is actually more important in equity raising: having the right connections at the right companies and building strong personal relationships there, or solid deal metrics? 💡 Share your experience in the comments below. #prefequity #jvequity #commercialrealestateinvesting

You can debate James Heath's assumptions forever. But, the mathmatical gravity holding down large, early stage funds remains the same. Reality: To get the exit multiples required to hit IRR targets, you have to do two things. Pick the right companies (hard enough) and exit them at exactly the right time (which gets tougher the bigger you are). A big fund may (sometimes, maybe) have advantages in company selection and in its ability to retain control over time. But as we return to the reality of more volatile interest rates and equity markets, smaller VC funds with timing flexibility have the advantage. #venturecapital #startups #lps

👇 The TRUE extent of the challenge behind raising a large early stage VC fund and why early stage investing is suited to SMALLER funds: VC is an outlier asset class where 80% of the returns come from a small (10%) number of investments made It's a high risk high reward asset class and so LPs need to see a clear path to substantial returns (>3.0x net) before investing 😳 Assuming a $650m fund size, e.g. Accel's announced yesterday, LPs will need c.$20 BILLION in exits to see a 3.0x net return Possible, but challenging 🔥 My opinion? $100m funds are the sweet spot between getting material ownership in companies at entry and being small enough not to rely on the extreme outcomes. #VC #venturecapital

VC model is quite challenging

we need to indeed work on #diversity - a fair allocation of resources. It's a diverse world and its time for #equitable allocation of #funding and #resources. Roy Swan thanks for sharing the below

Catching a quiet meal after a super successful DAY 2 in The Billionaire Project 💫! My attendees include: ✅ first time fund mangers ✅ experienced M&A experts ✅ social impact venture founders ✅ Ex KPMG fintech founders 🙌 Today we covered all the steps involved in #raisingcapital from early stage VC level to growth level to LBO / MBOs. 🙌 We also covered all the intricate processes involved in private #mergerandacquisition deals too! And we haven’t finished yet! 😎 All this information is essential for you to be able to negotiate and understand #investors from large financial institutions to family offices to UHNWI. 💰💰I provide you with investors where applicable for your project. 💫 If you want to be included in the next intake for 2024, make sure you tell me about your capital raising plan here 👉 https://lnkd.in/edkdWYsX #venturecapital #bridgingfinance #capitalraising #vcfund #fundmanager #investment #investmentbanking

Private capital deal-making is off to a slow start in 2024 while concerns about interest rates persist. Both deal value and volume shrink, with small and mid-market transactions dominating. Despite the slowdown, private equity and venture capital fund managers are optimistic about capital deployment, with 54.2% and 67.9% intending to deploy more capital in the coming year, Read the latest report, 𝗗𝗲𝗮𝗹 𝗙𝗹𝗼𝘄 𝗠𝗼𝗻𝗶𝘁𝗼𝗿: 𝗤𝟭 𝟮𝟬𝟮𝟰 which explores the trends in deal activity to help you advise your clients on which strategies and sectors could drive up deal activity this year: https://okt.to/Qfwsci #Dealflow #privateequity #venturecapital #capitaldeployment