Investing in Firm’s Fund? Forum

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Investing in Firm’s Fund?

Post by Anonymous User » Tue Feb 08, 2022 8:05 pm

I heard that at firms like Cooley, associates can invest in the firm’s venture capital fund (which invests in its clients). Curious which firms do this and the performance of these types of vehicles.

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Re: Investing in Firm’s Fund?

Post by Anonymous User » Wed Feb 09, 2022 11:56 am

Anonymous User wrote:
Tue Feb 08, 2022 8:05 pm
I heard that at firms like Cooley, associates can invest in the firm’s venture capital fund (which invests in its clients). Curious which firms do this and the performance of these types of vehicles.
I (funds associate) have been offered to invest in some of our clients funds at one of my previous firms. Relationship partner basically organized it depending on the client and would ask us if we wanted to invest in the fund we just helped set up. All of these were smaller real estate funds, so sub $150 million ish, nothing huge like a KKR fund or something.

I think the minimum was somewhere around 10-20k and being a junior associate with lots of student loan debt still, I always politely declined. Partner was investing like $100k at a time or so and I think had to get it cleared with firm ethics committee.

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