Fund Duration Challenges
The conversation delves into the complexities of fundraising for permanent capital vehicles, highlighting the challenges faced by firms that opt against traditional ten-year fund structures. Insights reveal that while larger firms may attract more investors, smaller firms often achieve better performance metrics in their early funds. The discussion also touches on the shifting investor landscape, where many seek out emerging firms with growth potential.In this clip
From this podcast

Capital Allocators – Inside the Institutional Investment Industry
Michael Rees – Inside GP Stakes at Dyal Capital (Capital Allocators, EP.278)
Related Questions
Does market size matter in investing, as discussed in the episode 20VC: 27 Years of Investing Lessons on Picking Founders, Price Discipline, Reserves and Selling Positions | Can Seed Investors Compete with Multi-Stage Venture Firms | Why Returns Will Not Worsen Moving Forward with Peter Wagner, Founder @ Wing and the clip Market Timing, Sizing?
Does market size matter in investing as discussed in the episode 20VC: 27 Years of Investing Lessons on Picking Founders, Price Discipline, Reserves and Selling Positions | Can Seed Investors Compete with Multi-Stage Venture Firms | Why Returns Will Not Worsen Moving Forward with Peter Wagner, Founder @ Wing and the clip Market Timing, Sizing?
Does market size matter in investing, as discussed in the episode 20VC: 27 Years of Investing Lessons on Picking Founders, Price Discipline, Reserves and Selling Positions | Can Seed Investors Compete with Multi-Stage Venture Firms | Why Returns Will Not Worsen Moving Forward with Peter Wagner, Founder @ Wing, and the clip Market Timing, Sizing?