The “Approachable LP” Investing on Behalf of 120 Families

Highlights from this week’s conversation include:

• Sean’s Background and Journey in VC (1:07)
• First Deal Learning Experience (3:22)
• Conviction in Allocating (5:08)
• User-Friendly LP Approach (7:35)
• Openness to Manager Relationships (11:19)
• Overview of Gresham Partners (12:14)
• Strategy on Smaller Investments (14:10)
• Macro Trends Influencing Venture Strategy (15:57)
• Influence of Families on Investment Strategy (19:52)
• Capital Pool Structure (22:00)
• Insider Segment: Best Practices for Emerging Managers (25:24)
• Identifying Client Needs (27:34)
• Distribution Trends (29:45)
• Investment Process Transparency (31:55)
• Adapting to Market Changes (33:48)
• Miscommunication in LP-GP Relations (37:05)
• Understanding GP-LP Dynamics (40:15)
• Building Relationships in the LP Community (42:06)
• Changes in Fund Strategies (45:28)
• AI's Impact on Investments (48:17)
• Final Thoughts and Takeaways (49:22)

Sean Warrington is the Head of Private Investments at Gresham Partners where he seeks to build portfolios of world-class private equity and real asset managers. His primary responsibilities include developing, sourcing and executing private investments around the world. Prior to joining Gresham, Sean served as co-head of private markets for the Alfred I. duPont Charitable Trust, a $6.5 billion foundation based in Jacksonville, FL. He previously held positions in corporate finance at Lockheed Martin as well. Sean’s personal interests include watching sports (including esports!), reading science fiction and regular workouts.

Aduro Advisors is a trusted partner for venture capital fund managers, offering comprehensive and expert fund administration services. Known for being agile, responsive, and focused on making fund operations seamless, Aduro enables fund managers to concentrate on investing. With deep expertise across a variety of fund sizes and strategies, Aduro provides a full suite of services, including fund accounting and compliance. The firm understands the fast-paced nature of venture capital and prides itself on being as innovative and driven as the funds it supports. Aduro doesn’t just manage operations—they help funds scale. https://www.aduroadvisors.com. 

Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies. 

The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only.