10X Capital Podcast E33: Charmel Maynard, CIO of University of Miami on Building a Venture Book
9 snips
Jan 16, 2024 Charmel Maynard, Chief Investment Officer of the University of Miami, shares her journey into venture capital and asset allocation. She discusses the significance of mentorship and diversity in finance, revealing how diverse teams can yield superior investment outcomes. The conversation dives into navigating the complexities of venture funds, emphasizing the challenges of due diligence and relationship-building in Miami's evolving landscape. Maynard also explores the impact of strategy drift and the importance of intentional communication in investment management.
AI Snips
Chapters
Transcript
Episode notes
The Importance of DPI in Venture Capital
- DPI is a critical metric in venture capital fund selection, especially for newer investors.
- It indicates a history of returning capital to LPs, which is more reliable than TVPI or IRR, especially in a frothy market.
Diligencing a VC's Edge
- Diligence a venture capitalist's edge by conducting reference calls with founders and competitors.
- Triangulate information from multiple sources to mitigate confirmation bias.
Quantifying Qualitative Factors
- Charmel Maynard uses Alexis Ohanian as an example of a VC with strong deal flow and brand recognition.
- Quantifying these qualitative factors for investment committees remains a challenge.