Global VC's Honest Opinion About India's Startup Ecosystem Explained | Stepstone Group Partner
Description
Hunter Somerville is a partner at StepStone, one of the largest fund investors globally with over $600 billion in capital responsibility and $100 billion in AUM.
Hunter shares deep insights into the factors that make StepStone different, their extensive global coverage, and the strategies that drive their success.
You'll also discover what it takes to succeed as an emerging manager, the importance of building long-term relationships, and how StepStone navigates the complexities of fund investing, direct investments, and secondary markets. Plus, Hunter provides a candid look at the challenges and opportunities in the venture capital landscape, particularly in emerging markets like India.
Join us for an enlightening conversation filled with valuable lessons on venture capital, fund management, and the nuances of building a successful investment platform.
Timestamps:
00:00 - Introduction
02:15 - Hunter Somerville's background and history with Greenspring Associates
05:40 - The evolution and strategy of StepStone
09:20 - Differences between StepStone and other fund investors
13:45 - Global coverage and geographic focus of StepStone
17:10 - Insights on venture capital management
20:50 - Strategies for emerging managers
25:30 - Building long-term relationships in venture capital
30:15 - Navigating fund investing, direct investments, and secondary markets
35:40 - Challenges and opportunities in the venture capital landscape
40:00 - StepStone's approach to investing in emerging markets, particularly India
45:20 - Importance of relationship building and pattern recognition
50:10 - Characteristics of successful fund managers
55:30 - Advice for new fund managers
1:00:00 - Closing remarks and final thoughts
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