AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Aligning Fee Structure and Investment Strategy
The fund employs a blended strategy, with two-thirds on funds and a third on traditional direct investors, focusing solely on deep tech. They aim to invest in early stage GPs in deep tech to gain market insights and access to the best founders. The fund has an aggressive fee structure, charging typical management fees but having carry only kick in after distributing 2x the commitments of LPs, ensuring alignment of interests. This fee structure aims to address the issue of fee overlays and aligns the fund with its LPs.