Venture Capital and Growth Equity Fund-of-Funds

The strategy for TrueBridge's venture capital and growth equity funds-of-funds is to invest in a concentrated portfolio of well established, high performing, and typically difficult to access venture capital managers in order to earn a superior return to both public equity markets and top-quartile venture capital benchmarks. To achieve this goal, TrueBridge Capital regularly conducts an intensive data-driven analysis of individual venture capital and growth equity firms, as well as an in-depth examination of the venture capital and growth equity industry as a whole. TrueBridge creates a list of the top managers and ranks the venture capital industry based on an analysis of top performing venture capital firms and the individual venture capitalists within those firms. The lists are in-depth and comprehensive and include numerous factors such as exits, both IPOs and mergers and acquisitions, as well as those large and successful venture backed companies that are still private. In addition to valuable industry expertise gained from professional relationships forged in prior investment roles, TrueBridge believes that these lists are a logical place to start when investing in the venture capital asset class, where brand names and hot deals are often the focal points as opposed to quantifiable information.


The results from the quantitative analysis serve primarily as a foundation from which TrueBridge begins its exhaustive due diligence process. Beyond the lists, TrueBridge also relies on the relationships and networks the team has built over the last twenty-five-plus years as private equity investors at TrueBridge, in prior foundation and endowment roles, and as entrepreneurs and venture capitalists, in order to interpret and make sense of its data-rich analysis. In addition to its longstanding and broad industry contacts in the foundation and endowment community, as well its relationships among entrepreneurs and venture capitalists, TrueBridge is able to leverage its mutually exclusive relationship with the Kauffman Fellows Program as an additional resource to vet individual managers.


This strategic partnership between TrueBridge and the Kauffman Fellows Program allows TrueBridge to tap into the deep and broad network of the Kauffman Fellows to assist in not only performing insightful and in-depth due diligence, but also in generating attractive deal flow and building meaningful relationships with the best venture and growth equity managers in the business. Since 1995, the Kauffman Fellows Program has graduated over 250 Fellows who have worked at some of the most well known venture capital firms in the world including Battery Ventures, Greylock Partners, Kleiner Perkins Caufield & Byers, New Enterprise Associates, Sequoia Capital, among others. The program is the only organization of its kind whose mission is to improve the quality of education within the venture capital industry. In exchange for insight and access advantages, TrueBridge donates a material portion of its carried interest to the Kauffman Fellows Program, to build a long-term endowment and enable its future success. Currently, TrueBridge Capital is the single largest financial source for the program.


Furthermore, with over 100 Kauffman Fellows and venture industry professionals directly invested in TrueBridge funds as limited partners, TrueBridge enjoys unique investment access to the best fund managers in the world, as well as tremendous insight into industry and firm specific trends. The TrueBridge Capital team has successfully harnessed the power of its network to build a concentrated portfolio of the best venture and growth managers in the business.

Featured Companies

Sector:
Consumer Internet
Stage:
Growth
Geography:
United States

Facebook is a global social networking website that connects friends and colleagues, whereby users can create and customize their own profiles with photos, videos, and information about themselves to share with other users.

Sector:
Consumer Internet
Stage:
Growth
Geography:
United States

Twitter is a real-time information network connecting users to information they find interesting.

Sector:
Consumer Internet
Stage:
Growth
Geography:
United States

Groupon utilizes a group purchasing model to offer consumers a daily deal on the best stuff to do, see, eat, and buy in a variety of cities across the U.S., Canada, and Europe.

Sector:
Consumer Internet
Stage:
Early
Geography:
Europe

Spotify is a revolutionary digital music streaming service that allows free and instant access to over 10 million tracks.

Sector:
E-commerce
Stage:
Growth
Geography:
India

Kayak.com is an online travel platform that allows users to quickly compare travel options.

Sector:
Internet Education
Stage:
Early
Geography:
United States

Knewton has developed the test prep industry's first adaptive learning engine, customizing educational content to meet the individual needs of each student.

Sector:
Cloud Computing
Stage:
Early
Geography:
United States

DropBox employs an innovative and simple way to sync files online and across computers.

Sector:
Retail
Stage:
Growth
Geography:
India

UniverCell is pioneering mobile retail throughout India.

Sector:
IT Infrastructure
Stage:
Growth
Geography:
United States

Fusion-io provides solutions to close the gap between processing power and storage performance.

Sector:
Consumer Internet
Stage:
Early
Geography:
United States

Zulily is an online store offering discounted merchandise from boutique or niche brands for moms, babies, and kids.

Sector:
Mobile Gaming
Stage:
Growth
Geography:
Finland

Entertainment media company and game developer best known for Angry Birds franchise.

Sector:
Consumer Internet
Stage:
Later
Geography:
United States

Private online sales destination providing up to 70% off retail goods, specializing in designer décor, furniture, accessories, and gifts.


The portfolio companies featured on this site are select example investments made by underlying Fund managers and do not reflect direct investments made by TrueBridge Capital Partners.
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