Select Fund

Open to All Accredited Investors

Investment Thesis

Track the Overall VC Industry and Co-Invest with Top-Quartile VCs

The Select Fund offers a diversified portfolio to any accredited investor, drawing from deals sourced and sponsored by the 17 AVG alumni funds

  1. Venture capital has delivered consistently strong returns over the past 40 years
  2. Statistically, the bulk of your returns in VC will likely come from a small number of “home-run” deals. Therefore, investors need a large number of deals (25+) to maximize the odds of investing in a home run, and diversify to minimize downside risk
  3. The difference between top and bottom quartile in venture capital is larger than in any other class of assets (source: Cambridge Associates)
  4. To be most successful in venture capital, invest with top VC firms, as we do

How it Works

Data-driven and process-based investors

Deal Sourcing and Diligence

  • 40 investment professionals sourcing deals out of 5 offices
  • Supplemented by eyes & ears support from our network of 350K+ alumni
  • Data-rich and process-based diligence with rigorous deal scoring
  • Experienced and specific Investment Committee support
  • Co-invest alongside world’s best venture investors

Investment Process

  • Every deal sourced by one of our alumni funds is screened to determine if it fits within the Select Fund investment mandate
  • AVG’s centralized investment team, led by our CIO and office of investing, makes investment selections from the potential deals to optimize diversification by stage, sector, and geography to create a portfolio of 30-40 deals
  • Select Fund portfolios are constructed over a period of approximately 12-18 months and represent a mix of deals sourced and sponsored by our alumni funds

Smart, Simple Venture Investing

Open to All Accredited Investors

Smart

  • Portfolio consists of 30-40 companies, diversified by stage, sector, and geography within the investment mandate
  • Venture portfolio professionally managed by our experienced investment team
  • Co-Invest alongside the worlds best venture investors

Simple

  • $50K minimum investment
  • Online signing process takes just minutes
  • World class support from our Investor Relations team

Select Fund Portfolio

Made possible by our 40+ investment professionals and network of 450k community members
The bottom line: access to great venture deals

Select Fund Management Team

Led by experienced venture capitalists

Notable Deals:
BetterView
Burrow
SHIFT

View Profile »
Gail Gilbert Ball
Senior Partner
Notable Deals:
Intuit
Jenny Craig
Sapho

View Profile »
Michael Collins
Chief Executive Officer, Board Chairman
Notable Deals:
Viewlogoic
Applix
EverQuote

View Profile »
Alain Hanover
Senior Partner
Notable Deals:
Algorand
Circle
Flywire

View Profile »
Deborah Walden
Senior Partner

View Profile »
Anton Simunovic
Chief Investment Officer

Investment Strategy

Co-investing alongside top lead investors

Our Secret Sauce

The world’s most powerful deal flow network

450k

COMMUNITY

450k alumni of top universities engaged in our venture ecosystem.

#1

MOST ACTIVE VC FIRM

AVG was recognized by PitchBook as the most active VC firm in the U.S. in 2018.

336

PORTFOLIO COMPANIES

Invest in deals most individuals never know about or get access to.