Knowekdge@Wharton has published the proceeds of a a roundtable discussion between four leading limited partners – Kristin Gilbertson of the University of Pennsylvania, Sandra Pajarola of Partners Group, Cory Pulfrey of Morgan Stanley Alternative Investment Partners and Michael Taylor of HarbourVest Partners.
Arun Natarajan is the Founder of Venture Intelligence India, which tracks venture capital activity in India and Indian-founded companies worldwide. View sample issues of Venture Intelligence India newsletters and reports.
Here’s an interesting thought raised by Michael:
” In venture, if you are not a well known GP, it’s really tough to get a fund raised. First time funds or less well known GPs or having a tough time in the market. If you are a brand name, particularly [on the] West Coast, it’s a different story. There’s a widening gap between the rich and the poor or the experienced and the inexperienced.”