Here are three key things to keep in mind when you raise capital for your fund:
1. Do your research:
Start identifying prospective LPs well before you launch your raise. Use platforms like Preqin or PitchBook to map out institutional investors, family offices, sovereign wealth funds, and other allocators that fit your strategy.
2. Don’t overlook boutique LPs:
Smaller allocators, family offices, high‑net‑worth individuals, and niche endowments can move faster and champion your fund more passionately. Reach out directly to those whose mandates align with your sector and size.
3. Get organized
Have a clear fundraising plan detailing your fund thesis, GP commitment, target close timeline, PPM, term sheet drafts, and due diligence materials. Knowing exactly what you need and when keeps the process efficient and builds LP confidence.