Alternative Investments
What a Fund Administrator Does, and Why LPs Now Require One
TL;DR: A hedge fund manager named Grant Grieve invented a fake back-office administrator called Global Hedge Fund Services and used it to certify returns that didn't exist. The SEC charged him with securities fraud...
Jeff Barnes, MBA··9 min read
Venture Capital
If Your Service Providers Feel Generic, Your Fund Does Too
If Your Service Providers Feel Generic, Your Fund Does Too Most emerging managers think their fund will be judged on thesis, track record, and deck quality. That's only half true. The other half is...
Jeff Barnes, MBA··10 min read
Capital Raising
What Is AngelList? The Platform That Democratized VC (And the Returns Problem Nobody Talks About)
What Is AngelList? The Platform That Democratized VC (And the Returns Problem Nobody Talks About) AngelList manages $171 billion in assets across more than 25,000 funds and syndicates. The median SPV return on that...
Jeff Barnes, MBA··9 min read