

JF 4001: Fund‑of‑Funds Playbook, Family Office Relationships and LP‑First Investing ft. Danny Gould
On this episode of Unlimited Capital, Richard McGirr interviews Danny Gould about building a truly LP-first fund-of-funds: retail SPVs for diversified access paired with an institutional “capital desk” that connects standout sponsors with family offices. Danny traces his path from leading a top Silicon Valley real estate team to co-managing a $300M hospitality portfolio, then pivoting to a FoF model that solves investor problems first—income targets, depreciation needs, and risk profile—before picking deals. He breaks down avatar-driven marketing (Stanford execs, physicians, senior sales pros) and why family offices require a long-game relationship approach. They wrap with how he’s using HubSpot now—and AI soon—to scale high-touch nurturing without losing authenticity. Danny Gould
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Current role: CEO at Gould Capital
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Based in: Silicon Valley, CA.
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