A big trend revolves around family offices desire to diversify in direct deal funding. This stems from companies staying private longer and realizing most of their gains while private not public.
New York, NY (PRWEB) March 09, 2015
The Ivy Family Office Network hosted its February 2015 Family Office and Private Investors Outlook Forum in New York, NY on February 10th. Geoff Schneider, Managing Director & Founder of Cava capital, led a panel discussion on “Family Office Direct vs. Indirect Private Equity Investing.”
Schneider says, “The Venture and Growth Capital Industry is having its biggest renaissance since the late 90’s. The industry was overfunded coming out of the dot com bust and realized well below market returns for a while. Since then, the market has been transformed by existing firms with large funds, new entrants, creative models, technology that has made deals more accessible and even legislation that has made crowd sourcing available to some."
He added, "A big trend revolves around family offices desire to diversify in direct deal funding. This stems from companies staying private longer and realizing most of their gains while private not public. However, manyfamily offices are not designed to handle the tasks of managing private equity style investing."
Finally, "The most successful opportunities are those which leverage existing relationships with a broad network of entrepreneurs and investors. They bring the best opportunities and, at times, also become the owner/operators of these opportunities."
Other speakers on the panel included Steven G. Chrust of Centripetal Capital, Harry Edelson of Edelson Technology Partners & Corey B. Davis of SenaHill Partners, LP.
About Geoff Schneider -
Geoff Schneider has more than 25 years as an investor and operator in Technology Product and Services businesses. Geoff founded Cava Capital in 2007 as an early and growth stage investment platform for high net worth individuals and has led the firm’s efforts in primary investments since inception.
About Cava -
Cava Capital Fund II is a growth equity platform created to invest in an active way across the growth capital spectrum, specifically in technology related companies.
About The Ivy Family Office Network Forum
The Ivy Family Office Network Forum, IvyFON, features off-the-record, peer-to-peer discussions in a non-commercial setting, in-depth and highly interactive sessions.
IvyFON, is a leading peer to peer global family office network with several hundred family offices attending events internationally every year. Some of the more than 2,500 past speakers include most of the top 10 largest asset allocating consultancies, pre-eminent alternative investment funds, leading institutional investors, best-in-class asset management professionals, family office subject matter experts and world-class family offices.
The group includes New York City and Los Angeles multi-discipline deal networks including private equity, health care and real estate. More than 25,000 investment, family office and institutional investment professionals have attended forums globally.
For more information on Cava Capital contact Geoff Schneider at PH 203-210-7477 or e-mail geoff(at)cavacapital(dot)com. For more information on the Ivy Family Office Network, contact us at 646-290-8114 or at ivyfon.com/contact.html.