A Pension Fund Does Away with the Middleman: the VC

By Connie Loizos — 4 years ago

Plenty of new platforms are trying to marry LPs with direct stakes in privately held startups, including Xpert Financial. In fact, its CEO, Thomas Foley, told me last summer: “I think a lot of people have grown less comfortable paying another group 25% in fees” given other alternatives to emerge. At least one pension fund […]