Venture capital is a high-risk, 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 your VC investments can perform well when other asset classes don’t, it’s a smart way to diversify your portfolio.
Our fund offers you a smart, simple way to make female leadership and impact investments that do well and do good. To vet for quality, our AVG investment teams seek top-tier co-investors, rely on solid fundamentals, perform due diligence, and consult experts. The Women’s Fund will programmatically invest in vetted selections from other AVG funds. You end up with a diversified portfolio of promising women-focused deals across various sectors, stages, and geographies. The minimum investor amount is $50k.
Yes, to some extent, but many of the deals we see are not publicly available, and others are difficult for outsiders to assess. Beyond access and careful vetting, we offer a large portfolio and excellent diversification to help minimize risk. We think this is the smartest, simplest way for most individuals to invest with a gender lens.
Yes. Our network of alumni and other VCs enables our co-investment strategy, and we regularly invest with top venture firms. Here are some firms we’ve invested alongside in the last year: 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.
Most of our funds have a full-time team of two investment professionals—a Managing Partner and a Principal—with strong entrepreneurial and investing experience. These investment teams are supported by an advisory Investment Committee, a large network of alumni, and the investment department at Alumni Ventures Group. The Women’s Fund is headed by a Senior Partner, who draws on the resources and talents of AVG to create a diverse portfolio of women-focused deals vetted and backed by other AVG funds.
When the fund has a liquidity event, we send distribution checks to investors as soon as the funds are available.
Alumni Ventures Group is the management company for all our funds, which provide the deal flow for the Women’s Fund. You can see the full fund list on the Alumni Ventures Group website.
Please navigate to our Portfolio page.
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). Further details are available here.
AVG funds source investments through referrals by other AVG funds, sourced by our team professionals, referred by our 200,000+ community of supporters, and through collaborative relationships with other professional investors. Currently, each of our other AVG funds review about 30-35 investment opportunities for every one that that fund adds to its portfolio.
We programmatically invest in vetted selections from our other AVG funds. They start with a very broad funnel, selecting only a small percentage of what they review. Key considerations for deals for all AVG funds: We look for strong co-investors with expertise in a sector, a top-flight team, market potential, appropriate deal round structure, aligned incentives. The Women’s Fund invests in a subset of those deals: those that support or could have a strong positive impact on women.
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 comes from profits. 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. Many entrepreneurs view our alumni groups, representing top schools, as value-added investors and have sought us out or expanded rounds to make room for us. By regularly publishing fund updates to our ever-growing networks, we’re spreading the word to an exclusive community of sophisticated investors, well-connected professionals, and talented potential employees.
Lead investors appreciate our involvement for several reasons: Our checks are helpful but not competitive and 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. Many lead investors are classmates or professional connections and see us as value-added investors.
Our investment minimum is $50K (the Senior Partner may make exceptions to that rule).
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.
The portfolio of the AVG Women’s Fund is created for investors by our Investment Teams, with occasional advisory input from our Women’s Fund Investment Committee—investors do not pick and choose. However, AVG does syndicate about 6-8 deals per year (selected from all of our funds) to our investors and our accredited community.
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 and large investors can put a fixed amount in every deal we do through our Total Access Fund. Institutions or family offices can also participate in our Focused Funds, such as the Women’s Fund, that specialize in a sector, stage, or area of interest.
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 very small compared to alternatives. Focused Funds (like the Women’s Fund) also provide smart further diversification and exposure to high-interest categories within VC.
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 can also offer our extensive network connections and resources such as Calls to the Network (appeals to our community for assistance to a portfolio company) and Resource Connector (fellow alums and investors offering business services). In some cases, we also bring sibling funds into our deals, raising additional money in a month or less.
Our AVG Funds look for strong co-investors with expertise in a sector, a top-flight team, market potential, appropriate deal round structure, aligned incentives, and of course the Women’s Fund adds an additional consideration: supporting women.
Our investments are generally from $100K-$1.5M, in addition to the amount committed by the AVG fund or funds referring the deal.
Submit your information on the Alumni Ventures Group entrepreneurs page.
We welcome supporters who are interested in our work. Our greatest source of investor prospects, deal leads, and expert referrals comes from our global network of fund supporters. To stay in touch, we invite you to subscribe to our newsletters, mobile app, and podcast.
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 entry point into the exciting but hard-to-access VC profession. 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, we have internships available. You can read more at the Alumni Ventures Group Interns page.
The AVG Expert Community combines the professional experience and personal passions of our entire community of over 250,000 alumni. If you join, we may call upon you from time to time to provide your expertise to our investment teams or portfolio companies.
Our management company, 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 fund’s Community page to learn more. We offer newsletters, mobile apps, podcasts, a VC University, a Resource Connector, and more.