Emerging GP/LP Supper Club - Part One
Please join Headline, Banc of California, and Performance Equity Management as we bring together a curated group of emerging fund managers for a classic NYC, exposed brick & candlelit dinner.
This will be a small group of folks currently deploying or raising Fund 1 or 2 across pre-seed and seed stage investments alongside a few potential LPs. As venture continues to evolve, we are excited for new funds to meet one another and hear from fellow LPs in a casual setting.
About the Co-Hosts
Banc Of California is a relationship-based community bank (innovation banking with a national presence – including an office in NYC!) focused on providing business banking and treasury management services to small, middle-market, and venture-backed businesses. Banc Of California’s Venture Lending group (formerly PacWest Square 1) has been lending to and banking VC/PE backed companies for the past 20+ years. We can start lending to companies as soon as there has been an institutionally led round and can provide loans as small as $1MM and as large as $50MM for runway extension, working capital, etc. Sectors covered include fintech, healthcare IT services, education, B2B SaaS, and consumer products.
Performance Equity Management, LLC (“PEM”) is a leading global, multi-product, private equity firm with an experienced team of partners who have been working together for over 20 years. PEM strives to deliver consistent and superior risk-adjusted returns by leveraging its sourcing networks, exercising disciplined investment screening, and pursuing deep, detailed due diligence to drive value creation. PEM seeks to provide high-quality private equity investment access to partnerships, secondaries and direct co-investments, for institutional clients worldwide. PEM’s team has committed approximately $30 billion to 175+ private equity sponsors across the private equity asset class on a global basis, including $14.1 billion in buyout, $7.8 billion in venture capital funds, $3.8 billion in direct co-investments, as well as investments in secondaries and distressed debt funds. PEM offers its clients various funds and separate accounts, which encompass a broad spectrum of global private equity sub-asset classes, including buyout, growth equity, venture capital, secondaries and direct co-investments.
Headline is a data-driven VC firm with teams on the ground in 7 cities around the world. We invest across stages and sectors, from consumer and fintech, to infrastructure and software, leveraging 25 years of investing experience. Our Early Stage Funds based in the US, Europe, Asia, and Brazil back Early Stage companies locally, while our Venture Growth Fund invests globally from Series B and beyond. This allows us to see local trends up close, partner with winning founders, and lead rounds at every stage. Once we commit to a team, we go to the ends of the earth to help them win, bigger. A selection of current and former Headline fintech companies include Acorns, Raisin, Creditas, Pismo, Zeller, Yeahka, Helcim, ClosingLock, iink Payments, Defacto and Payflows. Other portfolio companies include Angi, AppFolio, Bumble, Creditas, Farfetch, Fetch, Gopuff, Honeycomb, NGINX, The RealReal, Scopely, Segment, SEMrush, Sonos, and Staffbase.