AngelList’s Post

In our most recent Sydeletter, we provide advice for raising as a first-time fund manager in 2024. Here's a sneak peek: 🕒 The Long Game: Raising your first fund is a marathon, not a sprint. Build and nurture relationships for future fund success (even if they don't invest in fund 1). 🎯 Specialization vs. Generalization: Sharpen your fund's narrative with a clear industry, stage, or geography focus, making investor discussions more direct and effective. 🤝 Building Credibility: Establish trust with LPs through angel investing, leveraging SPVs, and employing warehoused investments for a solid start. 📈 ‘Project Manage’ Your Fundraising: Manage your fundraising like a project--plan your interactions, make them engaging, highlight your value consistently, and consider how to communicate to an audience with varying information processing styles (e.g., visuals, audio, or data). 💼 Cost Efficiency in Operations: Avoid large legal or accounting expenses by opting for value-driven fund administration services. 🔧 Sydecar's Streamlined Operations: Our standardized approach streamlines operations and automates back-office tasks, allowing you to focus on what you do best – identifying and executing investments. Don’t miss out on the next edition! Sign up now to receive our upcoming newsletters: https://lnkd.in/gJiMJ3cN

"In 2023, FusionIQ achieved a breakthrough with the launch of the FusionIQ One wealth management platform. This cloud-native platform brought together FusionIQ’s four wealthtech modules – Hybrid Digital Advice, Self-Directed Investing, Digital Model Marketplace, and finTAMP – into a seamlessly integrated platform with the end-to-end workflows, including onboarding, portfolio management, reporting and process automations financial institutions and advisory firms need to scale for profitable organic growth." Thank you Digital Wealth News for inviting FusionIQ CEO Mark Healy to share his insights into the significant milestones we achieved in 2023 and how the integrated FusionIQ One platform will be simplifying the path for financial advisors and institutions to become digital wealth leaders this year. We wholeheartedly agree with DNW that: "Investing in the technologies and infrastructure that build scale and enable solutions that resonate with users and help them deliver on their value propositions will be central to capturing wallet share and delivering on goals." We look forward to partnering with advisors and firms that want to win in 2024. Let's get started here: https://lnkd.in/gMv4Ewga #wealthtech #digitalleadership #wealthmanagement #portfoliomanagement #fintech

😯 Everyday I continue to be surprised that #AssetManagers of all sizes are still relying on excel spreadsheets and email to conduct #InvestorRelations and manage their #InvestorOnboarding process. 👨💻 Private Markets are certainly lagging behind when it comes to leveraging technology and switching to the cloud☁ If you're an asset manager and haven't done so already, are in the process of switching, or have questions about the process, our just-launched Bite Stream Insider article has you covered. 📖 Read the full article by Charles von Moll, Head of Bite Stream, reflecting on how cloud-based solutions have revolutionized the way private markets operate and are resolving issues from industry-wide calls for transparency to firms' operational costs: https://lnkd.in/eDFgjR4v #Fintech #privatemarkets #cloudsolutions #investing #transparency #digitaltransformation William Rudebeck Henry Talbot-Ponsonby Henry Reynolds Tom Hamilton Mark Cottenham Charles von Moll Sean Rogers Eran Fabian Sam Wright Mel Ghadban Max Fenn Hugh Carnegie Saloni Sanghani Risi B. Mark E. Jennings, Jr. Justin Mason Anna Baráth, CFA Vicky Mao Anna Hellstrand Margarita Kouklaki Ntourou, MA, MCIPR Zoe Chen

So excited to be helping Socium Fund Services, a Suntera Global company, scale its operations and grow. Click here to see how Eleven’s technology complemented Socium’s offering and easily integrated into its technology stack: https://lnkd.in/gBdg49Ag Fund administrators, let’s chat to see how we can help you transform your investor servicing workflows. Schedule a call here: https://lnkd.in/gpckvuZV #digitaltransactions #fundadministration #investmentmanagers #investorengagement Eric Slaim Michael Von Bevern, CPA, CAIA Jason M. Matthew Reynolds

When our journey started with Socium Fund Services a few years ago, a tremendous partnership unfolded. Socium was searching for technology that would allow them to bring new capabilities to market, offer fund managers unrivaled value, and take the private investment industry, Socium and their clients to a better way of doing things. Working together, we've achieved many firsts. We pioneered digital fund subscriptions and brought straight-through processing of private investments to market (this means investing in private funds is becoming like investing in stocks). We married Eleven's all-in-one fundraising system with investor onboarding, online transactions and investor servicing, giving fund managers one solution to service investors throughout the entire journey. We built an enterprise-grade, world-class operating system for fund administrators to scale operations globally and enhance client service. It has been a remarkable journey with Michael Von Bevern, CPA, CAIA, Beth Mueller, CFA and their team. I cannot wait to see the continued growth, success and innovation that lies ahead.

The #venturecapital industry just got a major boost with the launch of a groundbreaking investment product from Harmonic! Let's give them a huge round of applause for pushing the boundaries of innovation! 👏 ⏸ But before you make any investment decisions, it's important to consult your legal and financial advisors. This product is particularly complex, so it's crucial to do your due diligence. Don't rush in without fully understanding the potential risks and rewards. Check out the link in the comments below to learn more about this exciting new development. #innovation #investment #Harmonic

Let me try an analogy for comment. In the land of technology, the 'magnificent seven' technology stocks (Alphabet, Amazon, Microsoft, Facebook, et al.) have been responsible for much of the growth in US equity indices. All the other stocks have been essentially flat. Why is this? Well, these tech giants have been using their stock to buy up any nascent competitors before they can become a threat. Historically unusually good growth, but fragile - what goes up usually has to come down. In the land of alpha, the biggest multi-strategy firms (Citadel, Millennium, Balysney, Point72, et al.) have delivered the best returns to investors. Why is this? Well, they have been using their 'pass-through' costs model to fund buying up a lot of the portfolio management talent from existing funds and each other. Good returns, but investors pay (sign-on bonuses, technology, travel, kitchen sink) via the pass-through structures. (No free lunch?) Good recent returns, but if returns fall (say, through excess costs) and investors redeem, the high fixed costs become a big problem. Now, the multi-strategy firms have recognized this vulnerability, so they are increasingly trying to lock investors in for up to five years. But customer-friendly? Is this on the mark? (and by the way, there is a better way that gives investors access to global portfolio management talent without the costs and lockups...message me - let's talk) #hedgefunds #multistrategy Noviscient

With the adoption of the SEC's new private fund rules last summer, GPs face challenging new complexities around their reporting of gross vs. net IRR to LPs. Luckily, Allvue's newly launched IRR Hub within our Portfolio Monitoring solution gets to the heart of these and other fund- and investment-level data challenges. With IRR Hub, your teams benefit from a powerful in-platform calculation engine as they strive to provide the transparency and consistency expected by regulators and investors alike. Learn more about IRR Hub here: https://lnkd.in/eyMNm_rV #privatefundrules #privateequity #portfoliomonitoring #regulation #compliance

🚀 Exciting News from Allvue! We are thrilled to announce the launch of our latest innovation: the new Integrated IRR Solution specifically designed to streamline compliance with the SEC's recent private fund rules! In an evolving regulatory landscape, staying ahead means not only understanding the rules but also implementing the right tools. Our new IRR product does just that—providing fund managers, CFOs, and compliance officers with the precise analytics needed to ensure full transparency and adherence to performance metrics. 🔍 What sets our IRR Solution apart? Adaptability: Tailored to evolve alongside a GP's needs or regulatory changes so that your focus remains on growth, not guidelines. Accuracy: Precise yet flexibility calculation methodologies that align with the SEC’s expectations, delivering critical performance data at your fingertips. Transparency: Robust analytical capabilities with look-through features that allow for easy demonstration of compliance to all stakeholders. Efficiency: A reduction in manual processes means you can optimize your team’s time and resources. Our commitment is to empower your compliance journey and uphold the highest standards of fiduciary responsibility. With Allvue's IRR Solution, navigate the new SEC rules with confidence and control. #PrivateFunds #InvestmentManagement #SECRules #IRR #Compliance #Regulation #Finance #FinancialServices #Innovation #productlaunch

🚀 Exciting News for Financial Advisors! I'm thrilled to share this game-changing #collaboration between FusionIQ and The Wealth Advisor! In a dynamic industry where every second counts, FusionIQ and The Wealth Advisor have joined forces to bring you the future of #trading at your fingertips! With their innovative 1-Click Trading for ETFs and Model Portfolios, they're revolutionizing the way we manage #wealth and make #investment decisions. This partnership is not just about #convenience; it's about empowering financial advisors with the tools they need to navigate the ever-evolving financial landscape efficiently and effectively. Imagine having the power to execute trades swiftly and accurately, allowing you to seize opportunities and stay ahead of #market trends. Read the full article here to discover how this collaboration can streamline your #advisory services, enhance your client experience, and ultimately boost your success in the industry. Cheers to the future of wealth management! 🥂 #Finance #WealthManagement #Innovation #FinancialAdvisor #Investing #FusionIQ #WealthAdvisor #ETFs #ModelPortfolios #GameChanger #OneClickTrading https://lnkd.in/gbsq3Wfg