TLDR:
Family office is seeking emerging managers to invest in AI-related opportunities, with a focus on early-stage VC funds. Carman Chan of Click Ventures explains the importance of selecting managers with specific knowledge of the sector and technology, as well as the ability to identify potential disruptions in traditional business models. The family office has made one investment in an AI-focused VC fund and is looking to invest in other AI-related funds. Chan emphasizes the importance of investing in seed-stage startups to avoid high valuations later on.
Early-stage investments crucial for family offices looking to capitalize on emerging AI trends
Family office in Hong Kong and Singapore aims to increase AI exposure through fund investments
Founder of Click Ventures, Carman Chan, highlights the need for selecting emerging managers with expertise in technology and disruption
Carman Chan, founder of Click Ventures, shared insights on the family office’s investment strategy at AsianInvestor’s Family Office Briefing
The family office has invested with 12 managers and started focusing on AI investments last year
Key factors for selecting emerging VCs include knowledge of AI technology and potential business model disruptions
Chan emphasizes the importance of investing in seed-stage venture capital funds to avoid high valuations in the AI sector
Advancements in technology have helped emerging fund managers streamline back office operations
US investors are starting their own emerging manager programs, leading to industry growth
Large North American asset owners are setting trends in supporting emerging managers
