“We're an evergreen fund and we continue to stick with our companies and we can be patient. Sometimes it takes a decade.”
Business Of Biotech · Investing In Tomorrow's CNS Breakthroughs With Breyer Capital's Bret Bostwick, M.D.
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What was described
operate as an evergreen fund with no fixed fund cycle, allowing them to stay invested in portfolio companies for a decade or longer
Said nearby on the same subject
“Master feeder structures are key to hedge fund operations. A master feeder structure is a setup where multiple feeder funds pool their money into one master fund, and the master fund does all the trading and investing.”
“One of the reasons why we exist… 1,500 funds in market… a customer that says, hey, my portfolio only requires six… eight funds gives you hundreds of companies and that's enough diversification.”
HL
Hamilton Lane clients
The Compound and Friends ·
How they work6-8 funds per year; each fund holds 10-30 companies → hundreds of comp…Share this moment
“I’ve purposefully reduced LP count: fund 1 60 LPs, fund 2 50, fund 3 22… keeping the fund small lets me stay flexible with checks and aligned with LPs.”
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Said on TBPN
Why it workedfund 1 ≈ 60 LPs; fund 2 ≈ 50 LPs; fund 3 ≈ 22 LPs; $35 M fund sizeShare this moment
“I've just funded a new memory company as well that's still in stealth.”