Over decades of investing my best returns (and most fun) has always been investing with other smart people through no/low fee or carry only investment vehicles. At Incisive Ventures, we are dedicated to increasing access to early-stage venture investing through low-cost investment vehicles that improve LP returns in the asset class vs the traditional Venture model. Today, there are two ways to invest alongside our personal capital at Incisive Ventures. I look forward to investing with you.
Incisive Ventures Syndicate. All high conviction on thesis opportunities where we lead the diligence (no co-syndications) and have a larger allocation. Join over 2,300 LPs from around the world in this carry-only (no management fees) vehicle. Make your decision on a deal-by-deal basis from our detailed investment memos. This is a no-fee carry-only fund that invests in Angel and Venture-led deals with a target to improve LP returns by 25-42% versus a traditional 2/20 fund. Check sizes $100-$500K, minimum LP commit per deal $1,000. For larger syndicate capital commitments, we have a Preferred LP program.
Incisive Ventures Access Fund. (Currently CLOSED to new investors). Our primary investment vehicle (506c) invests in all on-thesis opportunities with a special focus on off-market, fast-moving, small allocations, and highly confidential companies. Often takes entire allocations, sometimes shares larger allocations with IV Syndicate. GP Martin Tobias is the largest LP. Check sizes from $100-$250K.
Incisive Ventures Opportunity Fund (Currently CLOSED to outside capital). Follow-on growth capital for GP fund managers in Venture led to follow on rounds with support for a shared carry model (early GPs participate in the economics of follow-on financing). GP Martin Tobias is the largest LP.