ACQ2 by Acquired

Capital Formation and the LP / GP Relationship (with Altimeter’s Meghan Reynolds)

Jan 9, 2023

01:16:17

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Quick takeaways

Strategic relationships drive capital formation, emphasizing transparency and investor needs alignment.

Managing investor relations requires proactive communication, transparency, and adapting deals to specific requirements.

Team changes impact investor trust, highlighting the importance of effective communication and managing turnover.

Deep dives

Evolution of Capital Formation in Investment Firms

The podcast episode discusses the evolution of capital formation in investment firms, particularly focusing on the transition from smaller teams managing fundraising to dedicated senior roles. It highlights the impact of strategic relationships in bringing in new capital, the importance of communication and transparency in nurturing investor relationships, and the role of product management in aligning with investor needs.

Venture Capital and Private Equity

02:00

Venture Is Not Where Buyout Was in 2010

01:36

Venture Capital Funds - What Kinds of LPs Invest in Venture Firms?

02:14

Introduction

2min

Venture Capital Funds - What Kinds of LPs Invest in Venture Firms?

2min

Venture Capital and Private Equity

2min

TPG Capital Formation

4min

Capital Formation and Relationships Are the Last Piece of the Organizational Puzzle

3min

What Are the Components of Capital Formation?

4min

Managing Series a Funds - Product Management

3min

Is Your Customer Making It Their Day Job?

4min

Relationships Are Made When Performance Is Poor

2min

10.

Capital Formation, Relationship Management, Product Management - It's So Important

4min

11.

Co-Investment

5min

12.

Building Relationships Is a No Brainer

3min

13.

Venture Is Not Where Buyout Was in 2010

2min

14.

Investor Relations - The One Number One Role in Investor Relations

4min

15.

LPs and Venture Firms - Is XYZ Firm Going to Be Here for My Next Round?

5min

16.

Private Market Advisors - Is That a Good Idea?

2min

17.

Are You Putting Money Into New Funds?

4min

18.

Is the Advisory Community Really Important?

4min

19.

LPs - What Are the Conversations You've Had on Twitter?

5min

20.

LPs Need to Understand Where They Own Capital

6min

21.

LPs - Is There a Bottoms Up Approach to Fundraising?

2min

22.

Buyout Funds - The Data Room Is Coming Together

3min

We sit down with Altimeter Capital’s head of Capital Formation Meghan Reynolds (who previously was TPG’s global co-head of Capital Formation for 10 years) to talk about everything that goes into the LP - GP relationship at venture funds. We cover how (and why) to think strategically about Capital Formation, why it should be about so much more the just investor relations/fundraising, and also why and how it’s going to change dramatically over the next decade. This was a GREAT conversation, and very relevant for GPs, LPs, and also company founders and employees heading into 2023 and post zero-interest-rate capital markets.

Sponsors:

Vanta

Links:

Follow Meghan on Twitter!

Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

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ACQ2 by Acquired

Capital Formation and the LP / GP Relationship (with Altimeter’s Meghan Reynolds)

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Evolution of Capital Formation in Investment Firms

Challenges and Strategy in Managing Investor Relationships

Risk Management and Communication in Investment Practices

Challenges in Team Evolution and LPs' Perceptions

Growth Opportunities with High Net Worth Individuals and Institutions

Venture Capital and Private Equity

Venture Is Not Where Buyout Was in 2010

Venture Capital Funds - What Kinds of LPs Invest in Venture Firms?

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

Share
& Export

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podcast player

Discover
highlights

ACQ2 by Acquired

Capital Formation and the LP / GP Relationship (with Altimeter’s Meghan Reynolds)

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Evolution of Capital Formation in Investment Firms

Challenges and Strategy in Managing Investor Relationships

Risk Management and Communication in Investment Practices

Challenges in Team Evolution and LPs' Perceptions

Growth Opportunities with High Net Worth Individuals and Institutions

Venture Capital and Private Equity

Venture Is Not Where Buyout Was in 2010

Venture Capital Funds - What Kinds of LPs Invest in Venture Firms?

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Discoverhighlights

Save anymoment

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Discoverhighlights

Get the Snipd
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