Succession Challenges
Kim discusses the pressing issue of succession within their portfolio, highlighting the risk of having managers of the same vintage year. As they navigate the delicate balance between investing in new talent and maintaining confidence in established managers, they grapple with the need to allocate resources wisely. The conversation underscores the importance of building a robust "farm team" to ensure future success in a rapidly evolving investment landscape.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
Kim Lew – The Carnegie Way (Capital Allocators, EP.52)
Related Questions
How should I think about hiring the right people for my VC growth fund, given the difference in underwriting processes from the seed/early stage investing I currently do, as discussed in the episode Kim Lew – The Carnegie Way (Capital Allocators, EP.52) and the clip Shifts in CIO Role
How should I think about hiring the right people for a growth stage investment fund, based on the episode How an $80B Asset Manager Seeds the Growth of New GP Talent and the clip Fundraising Challenges