Jul 24, 2024 | GroveStreet, In the News, Uncategorized
Evaluating the efficacy of teams is key to successful venture and buyout investing. Understanding a manager’s strategic edge, track record, their deal flow, their ability to execute transactions and ultimately add value are all essential to identifying the right investment partners. But ultimately, it’s all about the team. We look for the right mix of experience and skills, drive, intellectual curiosity, deal savvy, complementary skills, trust, and team chemistry.
At GroveStreet, we actively seek to nurture in our own team the attributes we look for in managers. Sometimes that includes making time for fun, like an afternoon cruise in Boston Harbor. It was great to have Clint Harris, one of our founders, join the outing. Learn more about the GroveStreet Team.
Jun 25, 2024 | GroveStreet, In the News
10 X Capital host David Weisburd interviews GroveStreet’s John Merrill. The two discuss GroveStreet’s singular focus on investing in venture capital and lower middle market buyouts via separately managed accounts for a small group of highly sophisticated clients. John describes the Firm’s founding principles of asset class focus, rigorous selectivity, true customization and tight alignment with clients. David and John explore the problems that GroveStreet solves for clients – access, pattern recognition, time, and deal flow. Listen to the episode here or wherever you get your podcasts.
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Jun 5, 2024 | GroveStreet, In the News
GroveStreet’s John Merrill joins global LPs and GPs at SuperReturn International in Berlin. One of the private equity industry’s largest gatherings, SuperReturn International afforded ample opportunities to connect with leading investors and catch up with existing and prospective GPs. The breadth and depth of the private equity ecosystem was on full display at SuperReturn and served as a reminder of the role GroveStreet can play in navigating the increasingly crowded and highly commercial private equity ecosystem. For more on SuperReturn International click here.
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May 16, 2024 | GroveStreet, In the News
GroveStreet’s venture investing activities have long included exposure to Europe. The ecosystem of opportunities in Europe is vibrant and evolving, including in deeptech. Among the GP profiles we tend to favor are those with deep technical expertise, including groups formed by company builders turned investors. Plural is an example of such a firm that we recently backed that is actively involved in deeptech. Read more about this talented team and some of the opportunities they are pursing here.
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May 13, 2024 | GroveStreet, In the News
It is with deep sorrow that we announce the passing of our former Partner, Dave Mazza. His contributions in the formative years of GroveStreet were impactful and lasting. We are grateful for his role in building the firm and his friendship. Dave’s obituary can be found here.
May 2, 2024 | GroveStreet, In the News, Uncategorized
GroveStreet’s Patrick Sherwood is featured in the latest edition of Private Equity Findings published by the Coller Research Institute. In an article delving into a new model for private equity pacing and cash flow forecasting, Patrick and Alex Billias of Bella Private Markets discuss the merits of moving beyond widely used deterministic approaches such as those developed at Yale, to a probabilistic model drawing on actual cash flow data and arming allocators with a range of potential outcomes instead of sometimes misleading and often misunderstood point estimates. The new model developed by Bella and GroveStreet retains the core principles and intuition of the Yale model but is powered by simulation-based computations and actual portfolio data. Read more about the new model here.
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