Is anyone else experiencing this issue? I have spoken to at least 7 funds of funds specifically dedicated to emerging fund managers (a perfect fit) and the following things keep coming up ) • A $5m fund is too small • We can't be more than 10% of your fund and only issue $2m+ dollar checks • Come back to us for the next fund or make this one larger With the above said I am tempted to make my fund at least $10M but we have been advised to stay at 10% of what we can raise from friends and family.
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Are Others Facing Challenges with Small Funds and Investment Limitations for Emerging Fund Managers?
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