New Wave. Douglas Sloan: How Impact LPs Pick Funds
Thank you to this week’s sponsor:
Accelerating Impact - a non-profit advancing impact finance by mobilizing capital and running free accelerator programs for emerging fund managers. Join for expert coaching, training, financial support, and a strong community. Apply here.
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🌊 A New Swell Has Arrived
Inside Better Society Capital’s approach to returns, impact, and the next gen of funds.
We’re joined by Dougie Sloan, Head of Venture at Better Society Capital, the UK’s largest social impact investor and a cornerstone LP across 120+ impact-driven funds.
In this episode, we dive into how an LP actually evaluates venture funds, and what it really takes to raise from an impact-oriented institutional investor. Dougie breaks down portfolio construction, return expectations, impact methodology, and the LP role in shifting European VC.
In our conversation, we covered:→ How Better Society Capital selects funds → Why impact doesn’t imply concessionary returns→ Why Europe needs more specialist funds→ Where impact actually drives commercial performance→ The state of liquidity in venture across the world→ How LPs assess team, repeatability, and firm-building→ Practical fundraising advice for GPs raising today
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