51. More Equity: Limited Partners — Hunter Somerville

Welcome to More Equity. Today, we’re bringing you a new episode from our Harlem Capital Limited Partner Series — connecting with Harlem Capital LPs to share insights on navigating the VC fundraising journey.

In today’s episode, we speak with Hunter Somerville — Partner at the StepStone Group and a member of the private equity team, focusing on venture capital and growth equity investments. The StepStone Group is a global private markets investment firm focused on providing customized investment solutions and advisory services to clients. They have $134B in assets under management, and $570B in client assets allocated. Prior to StepStone, Hunter was a general partner with Greenspring Associates — a venture capital and growth equity investment firm acquired by StepStone in 2021 — where he was responsible for the sourcing and due diligence efforts on fund, direct and secondary opportunities, as well as the assessment of micro-vc managers for the Firm.

Tune in as Jarrid and Hunter discuss the unique advantages and lessons learned from investing in venture capital through fund of funds, direct, and secondary investments.