Fund Modelling in VC: Portfolio Construction and Decomposition
SOLD OUT: JOIN OUR SECOND EDITION HERE
Join us for an advanced session on VC Fund Modelling, focusing on two building blocks: Portfolio Construction and Decomposition. This workshop will dive deep into robust portfolio construction and explore how to decompose it to optimize fund performance. We'll explore how these processes contribute to the overall fund modelling framework.
You'll receive a portfolio construction and decomposition sheet template in advance, and the session will focus on examining how assumptions affect fund performance, tailored to the information you provide upon registration.
Who should participate
Ideal for Emerging Fund Managers, Established VCs, Family Office and CVC employees, and HNIs in venture capital who are looking to enhance their fund modelling skills.
Time Commitment
This is a 2-hour online workshop consisting of:
A brief refresher of the fundamentals of VC fund modelling
An overview of the principles of portfolio construction and decomposition and their roles in VC fund modelling.
Detailed exploration of portfolio construction over time and portfolio company breakdown, including analysis of portfolio entry investments, follow-on investments, and their cumulative deployment.
Understanding how to decompose a fund model and the implication of asset development, write-offs and sales on overall fund performance.
Learn to assess and refine your portfolio strategy within the decomposition framework based on exit ratios and leveraging dynamic components to model asset valuation realistically.
Q&A
Key Learning Points
Portfolio Composition Over Time: Learn how to effectively compile and build your portfolio, tracking the composition and performance of portfolio companies over time.
Portfolio Company Breakdown: Gain insights into breaking down your portfolio companies and understanding their development stages and investment impacts.
Investment Overview: Get a full overview of your portfolio's construction, including entry investments, follow-on investments, and their cumulative deployment.
Asset Simulation: Simulate asset write-offs, sales, and performance over time to create an accurate overview of key metrics such as TVPI, NAV, DPI, and RVPI.
Performance KPIs: Utilize performance KPIs to model asset valuation dynamically, ensuring a realistic and flexible approach to portfolio management.
Exit Tracker: Implement an exit tracker to evaluate the feasibility of your investment strategy and make necessary adjustments for optimal results.
Insights From Your Input: Analysis crafted from your and other registrants' reported investment strategies. Additionally, we'll explore strategic levers selected based on registrant requests, offering actionable insights tailored to your needs.
Instructors
Marc Penkala, Co-Founding Partner of āltitude, is a seasoned venture capitalist with extensive experience and expertise in fund modeling. As a former Investment Director and active angel investor, his insights are invaluable for emerging VCs
David Cruz e Silva is the founder of eu.vc, Europe’s Venture Community, and an angel LP supporting European early-stage funds and their breakout companies. His unique experience and positioning are invaluable for emerging VCs and LPs navigating European VC.