What matters most for strong LP relationships?

oren zeev

Founding Partner · Zeev Ventures

Trust

Oren Zeev says his LPs back him because they simply trust him, and he won't betray that trust, noting you can only betray someone's trust once before they never trust you again.

Douglas Beyer

Managing Partner · Roaring Brook Holdings Llc

Open Communication

Douglas Beyer says keeping an open line of communication with limited partners and sharing the good, the bad and the ugly is key, because LPs want to be informed and don't like surprises.

The answer starts at 5:57.

David Weisburd

Co-Founder · Weisburd Pierce

Giving Upfront

David Weisburd says executing on a long-term relationship thesis requires giving upfront, citing Dan Federer giving up fee savings as an example of why it's uncommon.

Scott Malpass

Co-Founder, Managing Partner · Grafton Street Partners

Availability

Scott Malpass says being available to institutional investors is key, advising fundraisers to "just be available to them," and says that over time this works.

The answer starts at 59:28.

John Maldonado

Managing Partner · Advent

Independence

John Maldonado says Advent has not sold a stake in its GP and has no plans to, calling that independence the bedrock of alignment with LPs.