How Nomad's Thinking Has Changed in Manager Selection with Jordan Nel of Hummingbird Ventures скачать в хорошем качестве

How Nomad's Thinking Has Changed in Manager Selection with Jordan Nel of Hummingbird Ventures

This week on Swimming with Allocators, Earnest and Alexa welcome Jordan Nel, on the investment team at Nomads, part of Hummingbird Ventures, where they invest in emerging managers with funds sub $150M. During the conversation, the group discusses how Nomad’s fund of funds strategy has changed, how they identify outlier managers, and the challenges and opportunities of investing in deep tech. Jordan also talks about the value of managers networks, the need for diligence adaptation, and the significance of backing experts in a competitive market. The conversation also covers the types of limited partners playing in venture, the importance of managing expenses for a good investor experience, and more. Highlights from this week’s conversation include: The background for Hummingbird and Nomad (1:10) How to identify outlier venture funds (3:30) The shift from winning to picking (6:16) The signal in the track record (9:08) Changing the venture landscape (12:26) Competitive edge in venture investing (14:46) Limited Partner expectations for reupping (17:56) Scaling VC Funds and Staying Generalist (18:59) Effective Communication and Brand Strategy (22:21) The argument against most fund of funds (26:08) Opportunities in deep tech (28:30) Advice for fellow LPs and fund managers (31:26) Hummingbird Ventures is a global generalist seed investment fund, investing in outlier founders at the earliest stage of their journey. With a mission to identify and support innovative entrepreneurs, Hummingbird Ventures has established itself as a key player in the venture capital landscape. The firm is known for its strategic approach to investing, providing not only capital but also valuable expertise and guidance to help startups navigate the challenges of growth and development. Hummingbird Ventures has a diverse portfolio across various sectors and geographies, contributing to the advancement of groundbreaking ideas and technologies in the ever-evolving startup ecosystem. Passthrough turns investor onboarding into a solved problem – it seamlessly manages subscription document distribution, execution, and compliance in minutes. As a leader in fund workflow automation for investors, fund managers, and other fintechs, Passthrough provides an integrated platform solution that makes the subscription document process turnkey for investors with replicable and verifiable identity information built in for future use. In addition to subscription documents, Passthrough also offers a full service KYC/AML product that streamlines collecting information from investors and screening them against sanctions lists so fund managers can remain compliant. Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies. Follow along and subscribe at swimmingwithallocators.com.