Podcasts · VC10X - Investing, Venture Capital, Asset Management, Family Office, Wealth Management
LP10X - Venture capital as a strategic play for corporations - Grady Buchanan, Co-founder & MD, NVNG
· 51 min
Episode LP10X - Venture capital as a strategic play for corporations - Grady Buchanan, Co-founder & MD, NVNG
Grady Buchanan is a Co-founder & Managing Director at NVNG, a fund of funds with corporations as limited partners investing into venture capital funds.
Before launching NVNG, Grady worked with the Wisconsin Alumni Research Foundation’s (WARF) $3B investment portfolio.
Links:
⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com
NVNG website - https://nvngia.com/
Grady Buchanan on LinkedIn - https://www.linkedin.com/in/gradynvng
🎙️ Hosted by Prashant Choubey
Follow Prashant on X - https://x.com/ChoubeySahab
Follow Prashant on LinkedIn - https://www.linkedin.com/in/choubeysahab
In this episode, we talk about -
- The investment thesis at NVNG
- Why do corporations invest in NVNG fund of funds?\
- What's the strategic significance of having corporations at LPs? How does it help the portfolio companies of the portfolio funds?
- Key things they look for in fund managers
- Advice for GPs raising in a difficult fundraising environment
- How they generate DPI in the fund of funds
- Approach to portfolio construction
& lots more
Timestamps:
(00:00) Introduction to Grady Buchanan and NVNG
(02:46) Grady's background and journey into investing
(05:30) Origin story of NVNG (Nothing Ventured, Nothing Gained)
(07:11) Corporations' need for innovation and startup exposure
(09:33) Strategy of having corporations as Limited Partners (LPs)
(13:15) Addressing concerns about outsourcing innovation
(17:41) Value creation for portfolio companies through corporate connections
(22:33) Key criteria for selecting fund managers
(26:31) Assessing fund managers' long-term potential
(30:14) Sector focus and corporate investment preferences
(34:47) Generating Distributed Paid-In Capital (DPI) in a fund of funds model
(38:32) Advice for VCs fundraising in a challenging environment
(42:48) Portfolio construction strategy
(45:42) Rapid fire round covering:
- Themes and regions of investment
- LP commitment size
- Fund stages
- Contact information
- Follow-up channels
For sponsorship or guest appearance requests, write to prashantchoubey3@gmail.com
Subscribe to VC10X on Youtube, Spotify, Apple Podcasts.
Links in the notes 5
Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.