E38: Carrie Thome & Grady Buchanan of NVNG on How to Raise Capital from Corporate LPs
Grady Buchanan and Carrie Thome join David Weisburd to discuss their perspectives on venture capital and strategic investment, drawing from Carrie's 18 years at WARF. They explore the unique model of WARF, the transition from hedge funds to venture capital, and the challenges of managing liquidity. The conversation delves into the all-weather investing approach, founding NVNG, and raising a fund during the COVID-19 pandemic. They also highlight the importance of diversification, the role of mentorship, and insights into building a coalition of investors and assessing emerging managers.
Key Points
- NVNG's approach emphasizes building a venture ecosystem in Wisconsin by strategically partnering with venture funds and local corporations to drive innovation and economic growth.
- Carrie Thome and Grady Buchanan leverage their extensive experience in institutional investing and portfolio management to create a balanced and strategic venture capital fund of funds.
- Their model focuses on long-term relationships with venture managers and emerging managers, ensuring a diversified portfolio that aligns with both financial returns and regional development objectives.
Carrie Thome and Grady Buchanan of NVNG sit down with David capital to talk about the importance of startups, and portfolio construction. They discuss the competitive landscape for talent, their transition to venture capital, and strategies at Wharf. The conversation also covers strategic investment, liquidity management, and the inception and building of NVNG Investment Partners. The episode wraps up with insights on raising a fund during COVID, network building, assessing emerging manager quality, and the value of fund of funds.
Chapters
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| 3:59 | |
| 8:02 | |
| 10:56 | |
| 15:05 | |
| 19:49 | |
| 23:06 | |
| 25:32 | |
| 29:33 | |
| 35:00 | |
| 35:42 |
Transcript
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