# LP10X - How Fund of Funds (FoFs) generate top quartile VC returns - Albert Azout, Managing Partner, Level Ventures

An episode of [VC10X - Investing, Venture Capital, Asset Management, Family Office, Wealth Management](https://invisiblenetwork.ai/podcast/1632806986), 19 Nov 2024, 38 min.

Audio: https://anchor.fm/s/a453ddd4/podcast/play/94659307/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2024-10-19%2F5970d6bc-94b5-13dc-3350-7f50b753211e.mp3

Albert Azout is a Co-founder & Managing Partner at Level Ventures, a fund of funds investing in venture capital fund managers & entrepreneurs building at the intersection of science & technology. In this episode, we talk about - - The investment thesis at Level Ventures - What they look for in fund managers - Common mistakes GPs make while fundraising - How Fund of Funds can generate top quartile VC returns - How co-investments are a great way to generate cash flow in a fund of funds - What are the most important traits in successful GPs & lots more Links: ⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com Level Ventures website - https://levelvc.com/ Albert Azout on LinkedIn - https://www.linkedin.com/in/albertazout 🎙️ Hosted by Prashant Choubey Follow Prashant on X - https://x.com/ChoubeySahab Follow Prashant on LinkedIn - https://www.linkedin.com/in/choubeysahab For sponsorship or guest appearance requests, write to prashantchoubey3@gmail.com Subscribe to VC10X on YouTube, Spotify, Apple Podcasts.

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