DiscoverThe 10X Capital PodcastE82: Why LPs Use Fund of Funds to Invest into Venture Capital w/ Fernando Saiz
E82: Why LPs Use Fund of Funds to Invest into Venture Capital w/ Fernando Saiz

E82: Why LPs Use Fund of Funds to Invest into Venture Capital w/ Fernando Saiz

Update: 2024-08-02
Share

Description

Fernando Saiz, Co-Founder of Azet Capital, sits down with David Weisburd to discuss Azet Capital’s fund of funds strategy in venture capital. Fernando shares his diligence process for selecting venture funds, what differentiates the funds Azet invests in vs. the ones they pass on, and Azet’s strategic value-add to venture GPs.

(0:00 ) Episode preview
(1:01 ) Intro to Azet Capital
(2:40 ) Views on fund reserves and diligence process for fund investments
(7:44 ) Evaluating emerging managers
(10:40 ) Tools for benchmarking and selecting funds
(13:44 ) LP relationships, co-investments, and fund of funds
(17:12 ) Educating LPs on venture capital
(20:07 ) Strategic reasons to take capital from LatAm
(23:09 ) Value-add from seed stage managers
(24:56 ) Final thoughts and closing remarks
Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

E82: Why LPs Use Fund of Funds to Invest into Venture Capital w/ Fernando Saiz

E82: Why LPs Use Fund of Funds to Invest into Venture Capital w/ Fernando Saiz

David Weisburd, Erik Torenberg