Stewart Alsop On LP Behavior, The 'Evernet' And Why He Won't Compete For Deals
Yesterday, we were the first to report that Alsop Louie Partners has held a final close on its second fund. It garnered $98.6 million in commitments after a two-year slog on the fund-raising trail. Stewart Alsop, who co-founded the San Francisco-based firm five years ago, talked candidly with me about the process, and what’s changed from when it all started. Here's our converation, edited and trimmed for length. Q: What was the hardest part of raising this new fund? A: The hardest part has been that institutional investors haven’t known what they want. They were all trying to figure out what their strategy was going forward, when all the rules changed . When they tell you, 'We’re doing our asset allocation strategy,' that’s code for ...
8 October 2010•4 mins read
