Willgrow

🌍 13,000 attendees. 3000 Investors. 300 LPs. After 48 hours in Helsinki and tens of conversations with GPs, LPs, and founders, here are the key takeaways: 🔑 GP/LP Insights: * Europe vs. US: The US remains dominant, but Europe is closing the gap. Investors are increasingly excited about potential pockets of alpha like CEE, Baltics, Defense, Fintech, etc. * Liquidity challenges persist, but it’s all about getting into those 10-20 companies that move the needle. Tactical liquidity options emerge as companies scale. * IPO watch: Klarna, Bolt, and Revolut could unlock a flood of liquidity for European tech. 🚀 🤖 AI Perspectives: * GPs are cautious on application-layer opportunities—moats are thin. LPs are treading carefully with AI-only funds. * Secondary markets are a mixed bag: they ease liquidity, but delay IPOs. GPs are starting to push portfolio companies for public listings. * Average fund life until liquidation? A staggering 17 years. 💡 Founder Spotlights: * The Revolut and Wolt keynotes. Unparalleled. Miki Kuusi and Nik Storonsky exemplify what it means to be European founders—obsessed, efficient, unstoppable. * Fun fact: Miki was Finland’s highest earner in 2023 (€60M income, €30M taxes). Nordic transparency at its best! 🇫🇮 Slush remains the ultimate venture-native gathering, organised by students! #VentureCapital #Slush2024 #LP #GP #Willgrow #EuropeanTech

I had a great privilege to moderate Private equity fund selection panel in #SFOWeek2024. More than 300 single family offices around the world gathered in London for this event. Anjel Noorbakhsh Ashman, CFA, Jeroen Afink, MBA, Emma M Cory, CFA Thank you for your interesting insights on PE fund selection. My key takeaways from the panel: - Average duration of marriage (until divorce) in US is 8 years. Average duration of private equity fund is 10-12, so be careful when choosing your long-term financial partner. - A combination of open ended PE funds with regular closed ended can produce a higher money multiple. - Technology and various databases use is crucial for PE selection. - For successful sourcing quality network (especially with other LP’s) is highly important. - TOP idea for 2024 – US/EU private equity mid-market.   #Willgrow #Privateequity #Fundselection #Singlefamilyoffice

Yesterday, in the fifth session of "Breaking into Finance: Private Equity and Venture Capital", we had the privilege of hosting Justinas Milašauskas and Domile Andruskeviciute from Willgrow. They delved into the dynamics of LP-GP relationships 🤝 and decision-making processes ⚖ within the industry. It was enlightening to gain insights into the daily workings of LPs and the intricacies of investment decisions 💡 . Key takeaways from the session: 1️⃣ Building an LP-GP relationship is like a marriage, founded on mutual trust. 2️⃣ The role of an LP extends beyond numbers and strategy; it encompasses an artful approach. 3️⃣ LPs prioritize evaluating the GP; the due diligence process initiates from the very first encounter.