It is with great excitement that we announce the second investment by The European VC Operator LP Syndicates \U0001f60d In this special \u201cMemo episode\u201d we\u2019re diving deep on Pacenotes with the founding team: Jeroen Van Doornik and Menno Rijnsburger. The TL:DR being \U0001f449 Pacenotes gives us access to a proven strategy of investing in top tier funds and co-investments in the winners of their portfolio for strong risk-adjusted returns.
To sprinkle some hotness on it, Jeroen is an exited founder and tech investor who, together with Menno, has built two tech funds of \u20ac285 M, which gives them a much coveted skillset of the next generation of FoF investors.
In this episode, you\u2019ll learn:
- How a top-tier fund of funds strategy leverages direct investing to create strong risk-adjusted returns that actually rival top-quartile VC funds.
- What Pacenotes looks for in their managers and why they focus on the more established VCs with a proven ability to replicate multiples of 3x and above.
- How Jeroen thinks about diversification in their strategy.
- How Pacenotes use SPVs to expand beyond the fund\u2019s main strike zone on direct investments.