Managing a Fund: Things You Don’t Think About Until They’re a Problem

Managing a venture capital fund often involves complex challenges that aren’t obvious at a fund’s inception. This session addresses several of these issues, including:

  1. Recycling capital;
  2. Reserve planning for follow-on investments;
  3. Crossover investments between funds;
  4. What to do at year 10 and beyond in a 10-year fund; and
  5. Allocation and vesting of carry within the VC partnership.

Session Material:

Location: Paul Brest Hall, Munger Graduate Residence Date: March 14, 2018 Time: 2:05 pm - 3:00 pm Jeff Clavier Jan Garfinkle John Dado