Private Equity and VC Funds Group on Linked In
While I was approving new members to my Linked In groups this morning, I noticed that my first LinkedIn group
is almost at 1,000 members. When I think of the modest expectations I had for it when I started it two months ago, I think that is quite a result!
Just in case you have been living in a cave for the last 5 years, LinkedIn is similar to Facebook, but is for business professionals rather than high school and university students.
The group is for private equity Limited Partners (LPs) and fundraising professionals (Placement Agents, Investor Relations teams at General Partners etc.) and anyone else involved or interested in this area.
- LPs will find one of the largest groups of Limited Partners on LinkedIn
- GPs will find LPs and professionals that can help them with their fundraising efforts
- Placement teams will find both of the above
Discussion topics in Haiku-form are, of course, particularly encouraged…
I look forward to welcoming you to the group!
Private Equity and Ventue Capital Backed Managers Group
The fundraising and fund investment group I started on LinkedIn two weeks ago now has over 450 members – a special welcome to the 450th member Hal Morimoto. Hal is a great guy and knows more about the investment habits of LPs in Japan than is probably healthy.
Considering the amount of traffic that I know has been passing between members in direct messages, away from the open discussion forum, I wondered if there wasn’t another group not properly served by the plethora of, nominally, at least, private equity and venture capital groups on LinkedIn.
IE Consulting and Incisive Media are owned by Apax Partners and I have now set up a group for:
- Managers of currently or previously Private Equity and Venture Capital backed businesses
- Managers and senior industry professionals that would like to work at a PE or VC backed business (either their own – as a buyout – or at someone else’s -a Management Buy-In)
- Professionals that can facilitate this (specialist PE/VC management recruiters, sell-side advisory groups)
The idea is not to create some kind of deal flow network (in fact, no GPs (PE or VC) will be admitted); I think individuals looking to broker or invest in opportunities in Kazakh hairdressing or GPS technologies in Surinam are more than adequately served by LinkedIn groups already…
Rather, I want to provide a safe place (remember: no GPs!) where managers can share experiences and help each other make the most of the opportunities afforded, whilst avoiding the potential pitfalls.
I hope we will cover relationships and communications (with financial sponsors, staff and customers), how to best access and take advantage of the resources and assistance available from your financial sponsor and much more.
Anyway, I hope to see you in the group!
The whole world of LP/GP relations in your hands
I’ve been pleasantly surprised by the encouragement I’ve received after setting up a group on Linked In. Not only has the uptake been fantastic (
360 members in less than two weeks – will you
be lucky number
400?), but a number of members, clients and new contacts alike, have been generous enough to send messages of support for the group. Thanks to all of you for those, which are very much appreciated.
I’ve likewise been very happy at the relevance of the comments and discussions posted (and if I have had to delete a post it has always been accompanied by a private message to the forum member to explain the reason). Of course, it’s especially pleasing that members from both sides of the fence, LPs and GPs, have been very quick to recognise how a group like this and its membership can help them build and maintain strong relationships, both new and old.
If you aren’t already a member of the group, just click here to go to the sign up page. I’m usually pretty quick at approving membership (early experience has taught me the importance of not allowing membership with out a quick reference check) and you can expect a message from me to connect shortly thereafter.
I enjoy using Linked In because it is not too bothered about its appearance and it’s not unnecessarily complicated, fiddly or flamboyant (cf newer versions of facebook or shudder myspace) – a bit like me.
In the extremely unlikely event that anyone ever reads this, here is what you might hopefully find inside:
Disjointed thoughts on events in the financial markets;
Anything else interesting;