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Watch Europe's Leading LPs on Raising in The Current Bear Market
Insights from our roundtable with David Dana, Joe Schorge, Christian Roehle & Michael Sidgmore.
The weekend (😎🌴) is in sight and don’t know what do tonight? Well, why not do as 1,383 other VCs did on Wednesday and watch the broadcast of our roundtable with Europe’s leading LPs on Raising in The Current Bear Market?
But hey wait - Europe’s leading LPs? Isn’t that overselling it, Mr Hypeman? Nope, don’t think it is! We truly had some of the greats with us 👇
David DANA - Head of VC Investments at European Investment Fund (EIF)
Joe Schorge - Founding Partner of Isomer Capital
Christian Roehle - Head of Investment Management at KfW
Michael Sidgmore - Co-Founder & Partner at Broadhaven Ventures by Broadhaven Capital Partners
And before you go watch in intense anticipation, let me just give a massive shoutout to Affinity for making this roundtable possible 💖

Now, Go jump to the parts that matter most to you 😉
00:02:17 - Meet the LPs
00:08:55 - Is there light at the end of the tunnel?
00:12:22 - Taking Time for Thoroughness
00:14:34 - The Challenge of Raising Funds in the Industry
00:17:08 - Challenges for Private Investors in Fundraisings
00:19:40 - The Need for More Private Investors
00:21:54 - Trends in the Private Wealth Channel
00:23:49 - The Strength of the European Ecosystem
00:27:42 - The Exit outlook in Europe
00:30:10 - Outlook for IPOs in Europe
00:34:38 - On Track Record Performance in European Venture
00:36:50 - The Potential Impact of IPOs on the Tech Market
00:39:13 - IPO Pricing Differences and the Future of Exits
00:41:26 - The Role of Secondaries in Providing Liquidity in Venture Capital
00:44:00 - Exit Strategies for Early Investors
00:46:27 - The importance of knowing your USP as a VC
00:48:58 - Building and Demonstrating Track Record
00:50:58 - Articulating Your Edge and Building a Team
00:53:24 - Evolution of Fund Terms and Conditions
00:56:01 - Creating a Smooth Road for Incoming LPs
00:58:25 - The Importance of Bringing More than Returns to Investors
01:00:39 - Building Relationships with Potential LPs, from HNWs to Institutionals
01:05:19 - Considerations on Spinning Out Firms
01:09:50 - LPs' Criteria for Investment Decisions
Feel you must be able to level up your LP game? Read on how Affinity can help you below 🤖
As a VC, you know that it is important to demonstrate value to your LPs. This means providing them with clear and consistent updates on the progress of your funds.
Affinity can help you do this by providing you with powerful reporting and analytics tools. With Affinity, you can quickly create reports on your activity, deal pipeline, and engagement with founders. You can also use Affinity's analytics tools to tell a clear story about your team's successes to current and prospective LPs.
Here are some specific ways Affinity can help you demonstrate value to LPs:
Create clear and concise reports: Affinity Analytics makes it easy to create reports that are tailored to your LPs' specific interests. You can easily filter and sort data, add custom charts and graphs, and customize the look of reports to keep everything engaging and on-brand.
Save time and resources: Affinity's automated reporting tools can save you a significant amount of time and resources. This means that you can focus on more important tasks, such as sourcing deals and managing your portfolio.
In addition to providing clear and consistent updates, it is also important to build strong relationships with your LPs. Affinity’s relationship intelligence platform is designed to help you build new connections and nurture your most important LP relationships. Affinity analyzes your firm’s collective network to identify paths to warm introductions and opportunities to connect with new LPs.
During fundraising, your engagement history and notes combine with Affinity’s enriched data to help you shortlist your most promising investors by criteria such as thesis relevancy, previous investments, or history of interest, and ensure that your outreach speaks directly to your audience. You can continue to track investment status and engagement by both organizations and individual investors throughout your raise, so you know where to best devote your time and resources.
With Affinity, you can demonstrate value to your LPs and build the strong relationships you need to quickly secure capital for future rounds.