Fund performance weighs in on your VCs support for your mission.

It is not unreasonable to ask for

• Which Fund are you investing via?
• How many years through fund?
• Reserve allocation?

LP portfolio consists of:

a. Growth equity

Searching for alpha (excess of risk free rate of return)

Public equity

Private equity

Hedge funds (long short)

b. Inflation hedges

Grow faster than inflation

Gold, Silver (flight to safety)

Commodities

Natural resources

c. Deflation hedges

Currency

Bonds

Yale smoothing model