3 Comments

Thanks for the article and the data.

Just simple question - when you write "our data" is this some kind of "generalistic LP database" or performance of funds you supported?

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Nice work, Kyle. Having worked with emerging managers in an outsourced CFO capacity (and now being part of a $5-50m fund), I whole heartedly agree. Incentives between founders and investors is also more aligned -- managers only win if their companies win!

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Great analysis; I appreciated how you explained win-rate and bubble chart was very helpful. Would it also help to strip the Top 5% of the 0-50mm size because of the high likelihood of not finding them as well?

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