We enable pension funds, financial institutions, endowments, family investment offices and investment advisors to efficiently invest in this attractive niche without expending significant resources to proactively source, evaluate and monitor unfunded secondaries and smaller venture and technology growth equity funds. The principal benefits to Industry Ventures investors include:
Small fund focus. We believe managers of smaller specialized funds with deep sector expertise will continue to outperform. We typically seek investments in venture funds with less than $250 million in commitments and technology growth equity funds with less than $500 million in commitments, and we believe it is difficult for most institutional investors to discover and evaluate these fund managers.
Unique mix of unfunded secondaries and primary commitments. We believe that secondary interests less than 50% funded can shorten the J-curve and lower a portfolio's investment cost through dollar cost averaging into funds to which a primary commitment has also been made. Furthermore, most traditional secondary firms focus on fully-funded interests.
Access. Our extensive contact network enables investment in oversubscribed funds managed by established firms and high performing next generation managers with superior track records that are generally closed to new investors.
Diversification. We offer portfolios of 15-20 funds balanced by stage, sector and vintage year. We provide a comprehensive programmatic approach that allows institutional investors to outsource portfolio construction for this attractive niche and redeploy scarce human resources to core focus areas.
415.273.4201