Navigating Biotech and Venture Capital Investments

This chapter explores the challenges and opportunities in biotech and venture capital investing, particularly focusing on the risks associated with early-stage investments and the strategic advantages offered by emerging managers. It highlights the rigorous due diligence processes and the importance of psychological insights in selecting successful private equity funds. Additionally, it covers advanced risk management techniques and portfolio construction strategies that balance static risk with tactical asset allocation to adapt to market fluctuations.