<aside> 💡 Bleu Capital is a venture family office, completely self-owned, which gives us the necessary flexibility to combine our direct investment strategy with select FoF investments in the US and Europe. We seek to invest in 1-4 new funds per year.
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While our core strategy focuses on direct investments into early-stage companies, we have developed a FoF practice over time to accomplish the following 3 objectives:
Diversify our asset base across vintages, stages, and geographies.
Create dealflow sources that we do not normally have access to.
Build mutual value through collaboration: Increase your firepower by investing alongside you, and create operating leverage by spending the time and resources on the co-investments.
Quick litmus test:
Is your fund seeking an investment in the range of $200K to $500K in Limited Partner capital? If yes, does your fund offer opportunities for co-investment, allowing us to directly participate in some of the deals that you are investing in? If yes again, do you value active engagement from LPs, with regular dealflow sharing meetings, and a clear co-investment strategy focused on operational support?
| First time managers | Repeat funds | |
|---|---|---|
| Investment size | $250K per fund | $500K - $1M per fund |
| Entry point | We want to see past deals and repeatable access / selection processes. We prefer to invest right after the first close, when you have some investments in the fund. | Ok for first-close. |
| Future fund-investments | Yes (after initial 3-5 years to validate fund performance). | Yes |
| Monthly sync | Yes | Preferable |
| Stage | Pre-seed | |
| Seed | Series A+ | |
| Sector focus | Sustainability | |
| SaaS | ||
| Hardware | ||
| Biotech | Sector agnostic |