VC Portfolio Construction: Checks & Reserves (2026)
Venture capital portfolio construction sets the number and size of checks, initial ownership, follow-on reserves, pacing, and concentration a fund can actually support.
Explore our latest articles on fund-economics — covering venture capital deals, fund activity, startup fundraising strategy, and investor research relevant to this topic.
Whether you're a founder building an investor target list, an analyst tracking deal flow, or an operator researching market trends, the articles below provide practical, up-to-date venture capital intelligence.
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Venture capital portfolio construction sets the number and size of checks, initial ownership, follow-on reserves, pacing, and concentration a fund can actually support.
Looking for NAV financing vs a subscription line? Sub lines borrow against uncalled commitments; NAV facilities borrow against portfolio value — different LP questions and founder signals.
NYC investment firms rarely publish DPI or IRR. Use this 2026 proxy table — unicorns, exits, and public signals for Insight, Thrive, USV, Lux, Primary, and peers — plus a founder/LP diligence checklist.
Looking for what a blind pool fund is? Most VC and PE funds are blind pools: LPs commit capital before seeing specific deals. Here is how diligence actually works.
Looking for how LP co-investment works? LPs invest deal-by-deal alongside a fund — often with fee breaks — while founders see extra capital capacity and more parties at the table.
Looking for what an LPAC does? A Limited Partner Advisory Committee consents to conflicts, extensions, and policy changes written into the LPA — it does not pick deals or casually fire the GP.