Swimming with Allocators

The “Approachable LP” Investing on Behalf of 120 Families

Episode Summary

This week on Swimming with Allocators, Earnest and Alexa welcome Sean Warrington, Head of Private Investments at Gresham Partners. Sean shares his unique process for identifying top venture capital managers, how to be a user-friendly approachable LP, and where he’s actively deploying capital today. Sean emphasizes two key points for GPs in selecting LPs: 1) diversify the LP base to avoid overreliance on a few large LPs and the risks of groupthink, and 2) ensure strong, multi-person relationships within LP institutions to safeguard against potential shifts in key personnel. Also, Braughm Ricke of Aduro Advisors joins the show to discuss best practices for emerging fund managers, emphasizing the use of service providers and setting a long term vision for your fund.

Episode Notes

Highlights from this week’s conversation include:

Sean Warrington is the Head of Private Investments at Gresham Partners where he seeks to build portfolios of world-class private equity and real asset managers. His primary responsibilities include developing, sourcing and executing private investments around the world. Prior to joining Gresham, Sean served as co-head of private markets for the Alfred I. duPont Charitable Trust, a $6.5 billion foundation based in Jacksonville, FL. He previously held positions in corporate finance at Lockheed Martin as well. Sean’s personal interests include watching sports (including esports!), reading science fiction and regular workouts.

Aduro Advisors is a trusted partner for venture capital fund managers, offering comprehensive and expert fund administration services. Known for being agile, responsive, and focused on making fund operations seamless, Aduro enables fund managers to concentrate on investing. With deep expertise across a variety of fund sizes and strategies, Aduro provides a full suite of services, including fund accounting and compliance. The firm understands the fast-paced nature of venture capital and prides itself on being as innovative and driven as the funds it supports. Aduro doesn’t just manage operations—they help funds scale. https://www.aduroadvisors.com

Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies. 

The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only.