Fund of Funds

Definitions

1. An investment fund that invests in other funds rather than directly into operating companies. In venture ecosystems, fund of funds capital often sits behind the LP base of VC firms.

   In plain English: A fund that invests in other funds instead of directly in companies.

   Example: "A large fund of funds backed the new manager's first venture vehicle."

Related Terms

• Corporate Venture Capital
• Evergreen Fund
• Family Office
• General Partner
• Generalist VC
• Growth Equity
• Hold Period
• Impact Investing
• Limited Partner
• Capital Call
• Non-Dilutive
• Private Equity