Angelo Federico, CPA

Many VC fund managers are considering placement agents (PAs) to help secure commitments for the first time. Selecting the right PA and setting up a productive working relationship requires careful consideration. In my latest blog post, I explore essential tips for evaluating and working with PAs, including what to look for in their network, how to structure contracts, and best practices for effective collaboration. If you're navigating the use of placement agents, this guide offers practical insights to increase your fundraising success and avoid common pitfalls- full write up linked below. https://lnkd.in/ey-UcnSG Questions? DM me! #VentureCapital #Fundraising #PlacementAgents #InvestorRelations

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Divestment requirements have a very real cost. This reduces the ability of endowments and foundations to support their mission driven enterprises. As the list of divestment demands grow, at what point do the consequences outweigh the perceived benefits? Hiding at the end of this article is the below quote: Golden admitted the divestment had undermined Princo’s returns, saying the endowment “would have been better off” otherwise. But he pointed to a bigger concern: the pressure to “keep adding things to divest from”. “Fossil fuels are necessarily part of getting to where the overall economy needs to be [and] it would be impossible for the world to not use fossil fuels tomorrow,” he said. “Divestment is a pretty weak tool to change the economy.” https://lnkd.in/g3SeC8rg #energy #investing #vc

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🎙️ Exciting News! We're back with a brand new episode! Tune in now to gain exclusive insights from industry experts and thought leaders like the amazing Nisheet Gupta. Don't miss out on this insightful conversation! #PodcastRelaunch

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Proud Investor Alert! Congratulations to itselectric Tiya Gordon Nathan L. King on raising $6.5M to expand operations and accelerate curbside EV charging across seven US cities in 2024. This fresh funding will bring itselectric’s affordable and accessible EV infrastructure to some of the densest urban areas in the country with key deployments directly supporting Uber’s goal of helping rideshare drivers go electric. itselectric’s chargers are installed and maintained at no cost to cities, utilities, or property owners and help build the infrastructure that will allow gas cars to be replaced with EVs. Halogen Ventures Jesse Draper Ashley Balla Adriana Gadala-Maria Ochi Jessica Robertson The bonus: property owners earn passive income – aligning climate action with urban living, making cleaner, greener cities a reality 🌿🔌 Read more by Irina Ivanova at Fortune Magazine on post attached. #EVCharging #ClimateAction #goelectric #driveelectric

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Today kicks off #ToughTech Week in Boston - five days of events showcasing the best of VCs and founders changing the world through science and technology! Come check it out if you are in town. #deeptech #dualuse #venturecapital

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🔍 Curious about the value of attending private equity conferences? Our new article breaks down 25 compelling reasons why executives should invest in their professional growth by attending these events. From networking with key industry players to acquiring strategic insights, the ROI is substantial. Read more here: https://buff.ly/3LZnxOV 💼 Learn more about Blackmore Partners: https://buff.ly/42iNmB3 📅 Have questions? Schedule a meeting with our Director Chris Melton here: https://buff.ly/46DZD46 #PrivateEquity #CareerGrowth #ExecutiveRoles #BlackmorePartners #PECareers

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🔍 Curious about the value of attending private equity conferences? Our new article breaks down 25 compelling reasons why executives should invest in their professional growth by attending these events. From networking with key industry players to acquiring strategic insights, the ROI is substantial. Read more here: https://buff.ly/3LZnxOV 💼 Learn more about Blackmore Partners: https://buff.ly/42iNmB3 📅 Have questions? Schedule a meeting with our Director Chris Melton here: https://buff.ly/46DZD46 #PrivateEquity #CareerGrowth #ExecutiveRoles #BlackmorePartners #PECareers

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The opioid crisis was a sad hallmark of my years working for the Baker Administration. In a time of extreme partisanship at the federal level, this was one area where public policy, civil discourse, and private enterprise seemed aligned and sufficiently motivated to find a solution. What we learned, however, is that dollars and access only go so far in combatting a disease that knows no so specific demographic. Instead, it's apparent that a battery of tools is needed to combat and prevent addiction--ranging from strong safety nets, to novel non-addictive pain therapies, and better technology. Introducing Marigold Health. Shrenik Jain, Ravi Shah, Tracey Cohen, MD, FASAM and team have built a proprietary NLP-based platform that--most significantly--improves the lives of those suffering from SUD/SMI. One customer we spoke with noted, "We needed a unique treatment intervention that had supportive research, fit into a CMS established model with a recognized service code, and that would provide positive clinical outcomes in an efficacious and fiscally responsible manner”. Another plainly said: "Marigold is our best hope to reach into the lives and help those who many have already given up on." Honored to join Bill Evans, Sean Day, and the entire syndicate in doing our part to scale a tool we believe will become essential in the fight against addiction. Marigold Health Innospark Ventures Rock Health KdT Ventures Matt Fates Lily Zarrella Venkat Srinivasan

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Reflecting on the enriching discussions at the recent PEWIN - Private Equity Women Investor Network CIO Roundtable in Boston. It was a joy to hear from panelists Letitia Johnson (Amherst College), Deb Shufrin (Colby College), Abigail Wattley (Williams College), and moderator Sarah Samuels, CFA, CAIA (NEPC, LLC). Some of my key takeaways: From the CIO perspective, alignment with the board is paramount. Portfolios experience ebbs and flows, emphasizing the necessity of a board committed to long-term strategies. Data underscores the repercussions of misalignment—allocators often undermine value by prematurely exiting positions for liquidity needs or reacting impulsively to market fluctuations. Across the board, CIOs prioritize firms that can articulate their competitive edge, foster sustainable organizations with top-tier talent, culture, and succession planning, and demonstrate agility in evolving markets. A robust LP base providing long-term support and institutional guidance is also crucial. Success isn't about funding billionaires—it's about supporting determined individuals committed to sustained success. Privates demand more than short-term commitment—they require a relentless desire to succeed over time. For a deeper dive into the role of CIO, I highly recommend The Counting House by Gary Sernovitz. #CIOInsights #PEWINRoundtable #InvestmentStrategies

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🔍 Ready to Transition into Private Equity? Dive into our latest case study, "BlackmoreConnects System: Post-Conference Actions," where we break down the strategies for executives to successfully enter the PE field. Learn how active engagement, strategic positioning, and leveraging resources like Pitchbook and CYNDX can lead to lucrative opportunities. Discover the financial justifications for investing in networking and the support provided by BlackmoreConnects. Don’t miss out on the roadmap to career growth in private equity. Learn more here: https://buff.ly/4dXMqHP 💼 Discover more about Blackmore Partners: https://buff.ly/42iNmB3 📅 Have questions? Schedule a meeting with our Director Chris Melton here: https://buff.ly/3GyVOBY #PrivateEquity #WealthCreation #ExecutiveRoles #BlackmorePartners #PEOpportunities

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What's the fast river in alts? Listen to the latest Alt Goes Mainstream podcast with Mercer's Gregg Sommer & CAIS' Neil Blundell to hear how they are helping advisors approach private markets. Gregg, Neil, and I had a fascinating discussion about how the wealth channel can approach alternatives and how they can think about both diligence and customization. We covered: * The case for alternatives. * How advisors currently approach alternatives and how they can think about it differently going forward. * How to think about portfolio construction that includes alternatives. * How alts can help advisors differentiate their practice and attract clients. * Following the fast river in a career and why alternatives are “the fast river.” * The meaning of “structure over strategy.” * The rise in popularity of evergreen funds. Thanks Gregg and Neil for sharing your thoughts and expertise on private markets. Thanks to our sponsor, Ultimus Fund Solutions, for making this episode possible. https://lnkd.in/eBtyw6Fm

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The case for emerging managers: “What we don’t want to do is lock ourselves out of these high-performing, differentiated strategies for the simplicity of going with the big guys”, Taffi Ayodele director of the emerging manager strategy at the NYC Office of the Comptroller #investmentstrategies #investmentreturns #roi #assetallocation #emergingmanagers #riskreward #premium #performance

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I am super excited to announce the launch of our STARTUP ACCELERATOR and Investment funding platform for RI based startups & entrepreneurs!  Arnell Milhouse, Cliff Choiniere and the RI / AI COUNCIL are pleased to announce the launch of SiliconXL, the only Rhode Island-based Startup Accelerator that is OPEN TO ALL. To prepare for this, SiliconXL partnered with DevAccelerator.org, where the tech entrepreneurs learned full-stack software and AI development. During the eight-week Startup Accelerator, entrepreneurs from 15 startups will receive entrepreneurial guidance from Mr. Milhouse on building a successful, scalable venture. Arnell & Cliff will also deliver code reviews and AI coding assistance. The intensive program leverages a comprehensive & unique startup framework that helps founders identify and validate market demand and then transform those validated ideas into innovative and scalable startups. Each week focuses on a critical aspect of the startup journey, beginning with identifying and validating market demand, developing a full-stack MVP, and acquiring real customers. The accelerator culminates in a demo day competition, (during RI Startup Week) where attendees hear from founders and their customers/users as well. The first, second, and third-place winners of the SiliconXL Demo Day (which takes place during RI Startup Week) are awarded $5000, $3000, and $2000, respectively. In addition, they receive FREE office space and support via RIHUB, as well as free cloud storage and cutting edge AI/LLM development tools! We will continue to work with each startup after demo day and invest up to $100,000 in each. SiliconXL 2024 launches on July 17th. Contact [email protected] for more information. Visit www.SiliconXL.com for more information. P.S. Is it ok to be disruptive? Do we have to ask for permission? Should we be concerned about how people will think about us if we step outside the box? lol   #Chicxulub #Dracodess! #SiliconRhode #startups #entrepreneurship #tech #venturecapital  #BuildThingsCustomersDEMAND #RIAICOUNCIL #ObssessionWith→ #CustomerSatisfaction  #AI  #Startups  #DeepTech  #Entrepreneurship #CoFounder  #Startups  #SoftwareEngineer #RhodeIsland  #Providence  #SiliconValley #Boston #NewYork #SiliconValley #Miami #ObssessionWith→ #CustomerSatisfaction #StartupsWithTraction  #InvestmentFunding  #TechnicalCoFounders  #StealthAccelerator  #SiliconXL #DevAccelerator  #RIHUB #BuildThingsCustomersDEMAND #ArnellMilhouse  #CliffChoiniere #Pssst.  #IseeDevPeople  #TheyreNotLikeUs #Dracodess!!!!  #SiliconRhode #Tech > #RoadTrips

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VC Market Update: Riding Out the Post-Boom Bumps. 2021's high-flying valuations and growth have given way to a more complex reality. With longer private timelines, tough exit markets, and capital tightness, startups face unique challenges—but also fresh opportunities. For those navigating today’s VC landscape, strategic planning is key. Whether it's balancing growth with capital efficiency or exploring secondaries smartly, there’s a path forward. And with boosts from AI and future rate cuts, brighter days could be ahead!

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I've participated in 100+ conversations with venture fund LPs this year. The most frequently discussed topics include: Team dynamics Sourcing differentiation Decision-making and selection process Portfolio support Sector thesis Track record Model and deployment strategy Network Long-term vision Timing (why now) References Fund infrastructure and reporting

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Unlock the potential of the Lower Middle Market! 📈 Discover how executives can tap into the LMM to drive value creation, increase cash flow, and secure lucrative roles in private equity. Our latest guide, "Unlocking Value in the Lower Middle Market: A Numbers-Based Playbook for Executives," offers actionable insights and strategies to excel in this dynamic space. Don’t miss the opportunity to monetize your expertise and create new streams of income! 💼 Discover more about Blackmore Partners: https://buff.ly/42iNmB3 📅 Have questions? Schedule a meeting with our Director Chris Melton: https://buff.ly/46DZD46 #PrivateEquity #ValueCreation #LowerMiddleMarket #ExecutiveRoles #BlackmorePartners

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Practice your #voting skills and help us highlight #regenerativefinance at SXSW!

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PE - a People & Relationship Business ------------------ "We are actually in the talent business." - Graham Weaver, Alpine Investors (Source: Capital Allocators / Ted Seides - https://lnkd.in/eV5NSXjb) ------------------ - Graham Weaver highlighted on the Capital Allocators podcast that PE is a people/talent business - it's not just about deals and finance because people/talent is the key to success - Relationships and great people are what drive value creation in both portfolio companies and the PE firms - All PE leaders like Orlando Bravo at Thoma Bravo, Jon Gray at Blackstone and many others also prioritize people - focusing on strong relationships to drive lasting performance and growth P.S. People = the #1 success factor in PE --- #pe #privateequity

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