3bn+ under the radar funds with lean single-digit investment teams?
Asking about funds like Route One, SRS, and Abrams. Those that have a 3-5 year view and great fund economics. I know that there are a few but not usually talked about on this forum even though they are arguably some of the best seats due to high employee tenure.
abdiel fits this description. weiss is similar from a tenure perspective but the team is p big for the aum (but with the economics you’ll make plenty)
Abdiel is a joke. Markets themselves as this extremely research heavy special fund but their returns are anything but special lol.
Abdiel employs a private equity approach to losing money in the public market
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Majority of these aren't sub $3bn and/or under the radar
I think he wanted $3bn+ and “under the radar” is subjective. The couple that he posted about aren’t under the radar by any measure
With SMs doesn’t it always come down to the PM? The chances of a PM taking care of you is higher with smaller funds that have low headcount but it’s not guaranteed. If the PM is greedy with a huge ego none of this matter.
It comes down to the PM at any fund.
Not quite AUM but GMV - I know quite a few pods w/ 4bn+ GMV and 10 total members.
Who are they?
Are they proper L/S or mostly LO? If the latter, then the economics is more like LO fund or can they still charge HF fees?
Bro they are pods. Market neutral and charge everything to the LP
You trying to target shops that hire 1 person every 3 years, about half the time from referral?
Hahah this is the right framing. Likely would also bet the “over” on both figures
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