E109: Top Tier Capital Partners ($7B+ AUM) - Lessons Learned from Investing in 450 Funds

Ben Challgren, Principal at Top Tier Capital Partners sits down with David Weisburd to discuss what makes a top-performing fund, the surprising role of local managers in European venture success and the secrets to spotting a winning startup before it’s big. The 10X Capital Podcast now receives more than 170,000 downloads a month. Are you interested in sponsoring an episode? Please email me at David@10xcapital.com . – SPONSOR: Carta is the all-in-one suite for private fund operations. Carta’s software-based approach takes fund administration out of the spreadsheet and into the modern age with powerful solutions and intuitive interfaces, all on one platform. Their suite of products and expert services help funds at any stage with up-to-date insights and automated workflows to get them to the next level. Learn more at: https://z.carta.com/10xpod – X / Twitter: @dweisburd (David Weisburd) @TTCP_SF (Top Tier Capital Partners) – LinkedIn: David Weisburd: https://www.linkedin.com/in/dweisburd/ Ben Challgren: https://www.linkedin.com/in/ben-challgren-aa0b2b98/ Top Tier Capital Partners: https://www.linkedin.com/company/top-tier-capital-partners/ – Links: Top Tier Capital Partners: https://ttcp.com/ – Questions or topics you want us to discuss on The 10X Capital Podcast? Email us at david@10xcapital.com – TIMESTAMPS: (0:00) Episode Preview (2:17) Exploring secondary opportunities in the market (5:03) Strategies for assessing new fund managers (7:31) The impact of ecosystems on venture success (10:01) Client categories for venture fund of funds (12:33) Sector-specific vs. generalist investment strategies (14:06) Sponsor: Carta (21:14) Relationship dynamics with top-tier funds (24:03) Addressing concerns regarding market beta (25:11) The evolving landscape of fund of funds and new strategies (26:43) Chasing pure alpha in fund of funds investing (27:43) Understanding power laws in fund investing (30:05) Closing remarks