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A very large percentage of VC funds are funded by large assets managers, such as pension funds, state investment and sovereign wealth funds. When you manage hu
by salmonlogs 4y ago
A very large percentage of VC funds are funded by large assets managers, such as pension funds, state investment and sovereign wealth funds.
When you manage hundreds of billions you need to diversify your investments across asset classes and risk profiles. Putting 1% into high risk VC funds makes a lot of sense.