Winter Mead, Founder and CEO of Coolwater Capital sits down with David Weisburd to discuss the importance of emerging managers and how Coolwater Capital is building the YC for GPs.

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(0:00) Introduction and common mistakes by managers (0:58) Creation and insights from CoolWater Capital and Hal Capital (4:21) Venture vs. other asset classes and its evolution (8:39) Scaling and positive selection of managers at CoolWater (14:37) Sponsor: Bidav Insurance Group (17:23) Traits of successful emerging managers and psychological predictors (20:37) Investment strategies during COVID and CoolWater cohort overview (22:31) CoolWater's Explore, Build, and Club programs (24:42) Feedback from emerging managers and high NPS score (25:46) Fundraising mistakes and data room requirements for emerging managers (33:35) The role of compliance in fundraising (35:29) Portfolio construction strategies and follow-on policies (39:44) The impact of not doing pro rata investments (42:29) CoolWater's mission and building a community for emerging managers (44:06) Identifying committed GPs and understanding LP value-add (45:28) Networking, governance, and changing GP/LP relationship expectations (49:02) Skills for maintaining active LP relationships and closing remarks