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Uncork Capital's Andy McLoughlin on the Three Axes of Investing Risk

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The Pushback About Separating Opportunity Funds

I was talking to LPs a little bit more actively when things are kind of turning down really abruptly. They don't love opportunity funds because it just makes their allocation a lot harder. I think, especially for the new RPs coming in, getting a slice of the very best companies from the last three or four funds and potentially even having the ability to co-invest alongside the opportunity fund in late stage deals was very compelling.

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