Venture capital is a high-returns asset class and performance is only loosely correlated to the public market. Sophisticated investors like endowments and wealthy family offices typically allocate 5-15% of their portfolio to venture. Since VC returns aren’t strongly correlated to the stock market and can perform well when other asset classes don’t, it’s also a smart way to diversify your portfolio.
The Total Access Fund offers you a smart, simple way to invest in an index-like venture capital fund. We provide investors with large, diversified portfolios of venture investments from across all our alumni portfolio and focused funds and routinely co-invest alongside top professional investors to minimize risk and maximize potential gains. The investment minimum is $250K.
The alternatives are not great. Your accountant, broker, classmates, or friends might also show you the occasional one-off deal. Or you can join your local angel group or online crowdfunder which requires access. time, expertise, and due diligence expertise to assemble a solid portfolio.
We regularly invest alongside top venture firms such as Google Ventures, Andreessen Horowitz, Khosla Ventures, New Enterprise Associates (NEA), Kleiner Perkins, Accel Partners, 500 Startups, Sequoia Capital, FundersClub, Y Combinator, General Catalyst Partners, Bessemer Venture Partners, Greylock Partners.
Each of our Core and Focused funds has a full-time team of two investment professionals—a Managing Partner and a Principal. These investment teams are supported by an Investment Committee and by the staff of Alumni Ventures Group. The Total Access Fund invests in all deals being done by our funds and is managed by our Chief Investment Officer (CIO).
When the funds experience a liquidity event, we send distribution checks immediately.
Alumni Ventures Group is the management company for all our funds.
Please visit the AVG website to see a current list of our investments.
The SEC defines an accredited investor as someone who (a) has earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR (b) has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
Our funds source investments through our team’s research, referrals by other AVG funds, via our community of 400k supporters, and through collaborative professional relationships with other VC and PE investors. Currently, we review about 30-35 investment opportunities for every one that we add to the portfolio.
We start with a broad funnel, allowing us to choose the best deals that we see. Normally, we meet monthly with our Investment Committee. Key considerations for deals: market opportunity, deal terms, traction, team—all the same venture investing fundamentals apply here.
Our fees are industry standard: a 2% annual management fee used to cover business costs each year of the 10-year life of the fund and 20% carry, which is only applied after all of the original total investment has been returned to investors. There are no additional fees or expenses associated with investing through us. If you are investing via a trust or retirement vehicle, your account managers will likely charge you some fees for setting up and maintaining those accounts.
Simply put: Low Friction. Large Rolodex. We offer a streamlined process and rapid funding. We don’t take Board seats or negotiate terms, and can offer the connections and resources of our large community.
Lead investors appreciate our involvement for several reasons: Our checks are helpful but not competitive; we fund quickly with little fuss, if we decide to do a deal. Finally, we can help them by sharing deals and by providing important contacts and relationships to the portfolio companies.
Our investment minimum is $250k and there is no maximum.
Yes. We work with a third party who sets up an IRA on an investor’s behalf and manages all administration. Monies can be transferred without penalty or without jeopardizing tax-deferred status and then invested in a fund “for the benefit of” the investor.
No. With this fund, you will invest in all our portfolio deals (although some exclusions can be made at the outset).
We provide a K-1 by the end of March each year.
You can access information about your portfolio 24/7 via our secure online Investor Portal. There you will find details about portfolio composition, valuation, statements, company updates, and your tax docs.
Yes, institutions can invest in any of our focused funds.
We make venture investing smart and simple. Our Total Access Fund provides simple, broad exposure to this attractive asset class, and the investment minimum of $250k is modest compared to alternatives.
Entrepreneurs appreciate our streamlined, responsive process. In as little as 2-6 weeks, we can move from initial conversation to investor, with little extra work on their part. In addition, we don’t dictate terms or take Board seats. We our extensive network connections which can be very helpful.
We look for a strong lead investor with expertise in the sector, experienced team, market opportunity, moats, traction, attractive deal terms, and portfolio diversity for our funds.
Our investments are generally from $100k-$500K, with the opportunity for up to $2M or more if sister funds participate or the deal gets syndicated.
Please visit the AVG website to learn more and get in touch.
The Venture Fellow Program is designed for distinguished young professionals who want an inside look at venture investing and entrepreneurial careers. In exchange for a modest weekly time commitment helping the funds do outreach and research deals, Fellows get a valuable experience and professional entry point into VC. The work is remote and on your own schedule. For more about the program, go to the Alumni Ventures Group Venture Fellow Program page.
Yes. Please visit the AVG Resources Page to learn more.
The AVG Expert Community combines the professional experience and personal passions of our entire community of over 400k alumni. If you join, we may call upon you from time to time to provide your expertise to our investment teams or portfolio companies.
Alumni Ventures Group is developing a program with introductory courses to VC for interested investors. The courses will be free, open to all, and aimed at helping investors better understand the asset class. Please visit the AVG website to learn more.
We publish a monthly newsletter. We also offer a mobile app, with regular updates on our portfolio companies. In addition, we have a podcast which introduces listeners to our portfolio companies, fund managers, other professional VCs, and more. Please visit the AVG website to learn more.