LPs foresee more relationships
We spoke with more than a dozen investors about their appetite for venture funds this year.
Expert analysis by David Bogoslaw
In speaking with more than a dozen limited partners in recent weeks about their appetite for allocations to venture funds this year, we gleaned some interesting insights into some of these coveted investors’ priorities.
Virtually all of them say the current market environment – specifically rosier expectations for exits – have not figured in their organizations’ commitment calculus for 2025. For most, the long-game plan is to remain consistent year to year. But circumstances – no need to raise new funds until now for those fortunate enough to have secured a final close before the market went south in early 2022 – have many LPs expecting to commit more to VC this year just because more of their existing managers will be coming back to market.
“We have some really good VC managers that are in our portfolio now...