Equal Ventures • 0 implied HN points • 10 Nov 22
- Emerging managers in the venture industry show potential for high returns despite receiving a smaller share of capital allocation.
- Diversity in emerging manager profiles and strong alignment with LP incentives make them attractive investments.
- The slow change in LP-GP dynamics, the challenge of identifying new managers, and the dominance of established firms hinder the growth of emerging managers, limiting diversity and innovation in the asset class.