Capital Allocators – Inside the Institutional Investment Industry Ali Hamed – Novel Venture Investing at CoVenture, Venture is Eating the Investment World 5 (Capital Allocators, EP.233)
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Jan 31, 2022 
Ali Hamed, founder of CoVenture, discusses the evolution of his $2 billion venture firm and its novel investment strategies. He dives into the dynamics of Crossbeam Venture Partners, focusing on sourcing and decision-making in fintech. Ali highlights trends in international fintech, comparing it to traditional models, and examines innovative asset classes in the venture landscape. He also shares insights on navigating work-life balance in the demanding world of venture capital, emphasizing the importance of adaptability and personal routines for success.
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CoVenture's Growth
- CoVenture grew from $100M AUM to investing nearly $100M monthly.
- Their initial focus on software for equity led them to specialize in tech-enabled asset-backed credit.
Team Structure
- CoVenture initially explored cross-asset class investing.
- However, they later separated their venture and credit businesses while maintaining a small, tight-knit team.
Crossbeam's Approach
- Crossbeam, CoVenture's venture arm, focuses on fintech, lending, platform economies, and network decay.
- They prioritize making money over mimicking traditional VC styles, evaluating each deal independently.