http://larrycheng.com/2010/02/25/the-money-behind-the-money/ Some thoughts on VC, some on tech, and some on other stuff. Thu, 17 May 2012 23:16:10 +0000 hourly 1 http://wordpress.com/ http://larrycheng.com/2010/02/25/the-money-behind-the-money/#comment-1907 Fri, 26 Feb 2010 08:43:11 +0000 http://larrycheng.wordpress.com/?p=514#comment-1907 [...] The Money Behind The Money [...]

]]> http://larrycheng.com/2010/02/25/the-money-behind-the-money/#comment-1900 Fri, 26 Feb 2010 04:01:24 +0000 http://larrycheng.wordpress.com/?p=514#comment-1900 [...] a blog post entitled, “The Money Behind the Money”, Cheng explains that private equity investments generally come from a select few sources. While he [...]

]]> http://larrycheng.com/2010/02/25/the-money-behind-the-money/#comment-1897 Fri, 26 Feb 2010 02:45:40 +0000 http://larrycheng.wordpress.com/?p=514#comment-1897 Mark – great point. Absolutely true.

]]> http://larrycheng.com/2010/02/25/the-money-behind-the-money/#comment-1896 Fri, 26 Feb 2010 01:16:16 +0000 http://larrycheng.wordpress.com/?p=514#comment-1896 Another reason for the existence of fund of funds is that many foundations, endowments, and pension funds are not capable of committing the minimum amount of capital necessary to investment directly with private equity funds. With the fund of funds model, some of these players that were previously unable to access certain private equity funds are now able to take a stake with a smaller sum of money. In this way, a FoF serves not only as intermediary that does diligence, but also an intermediary that provides access.

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