Investor mandates
Bo's angel group made 43 investments, put more than $45 million into those companies, and had 13 exits. That is one way an investor describes a mandate: with numbers. Peter at M Family Office in the St. Pete area focuses on value add multifamily, private pay senior living and some self-storage. He looks for operators who have invested in the same markets for 10, 15 or 20 years. These interviews on CapitalRaising.com show what each investor says they buy.
Return targets and check sizes differ widely. Charles targets an IRR of at least 25% per year and a minimum 10x return in five years. Greg runs equity checks of 1 to 5 million and credit checks of 10 to 20 million. Richard C. Richard says his family office clients typically pay 2.5 to 5 times EBITDA. Richard C. Wilson also notes that 20 to 30% of guest comments stress due diligence. The guide How to Match Your Deal to Investor Mandates covers the next step.
73 videos, 1 guide on this topic.
Guides
- How to Match Your Deal to Investor MandatesMost raises stall because the deal goes to the wrong people.
Videos with summaries and takeaways
- Private Investor Panel: What Angels, Sponsors and Family Offices WantBo, an angel investor from Miami, looks for technology companies that can reach 8 to 12 times their value in four or five years.
- Investor Mandate Interview: Multifamily, Self-Storage and Senior LivingPeter, co-founder of M Family Office in the St.
- Real Estate Investor Mandate: Logistics and Flex for YieldIrwin runs the mandate for a third generation real estate family office with $850 million in assets under management.
- European Single Family Office Investor Mandate InterviewA single family office chairman explains why the office was set up for direct investments instead of mainstream private equity.
- Cannabis Investor Mandate: What a Public Roll-Up WantsPaul leads mergers and acquisitions at a cannabis company that recently went public.
- How a SPAC Works: Investor Mandate Interview with a SPAC CFOA SPAC starts with a sponsor who puts up the at-risk capital.
- Due Diligence Time Savers for Private InvestorsScreening deals by email before any call is the main time saver Richard C.
- Single Family Office Mandates and Strategies PanelLisa, who invests in later stage venture from New York and Miami, suggests investors focus on what they understand.
- Healthcare and Life Sciences Family Office Investor MandateEugene is the family office principal of EE Corporate Group, a US and UK business that invests in healthcare and life sciences.
- Where Ultra-Wealthy Investors See the Highest DemandTreasury bills and money market funds came up first.
- Why Most Capital Raise Pitches Get Ignored by Family OfficesA family office panelist says their team gets 10 to 20 pitch emails every day, and most do not pass triage.
- Canadian Real Estate Development Co-GP Investor Mandate with ShaneShane is a developer and commercial real estate investor based in Calgary, Alberta.
- Future of Work Investor Mandate: Allison on HR Tech InvestingA warm introduction to a senior HR leader matters more than a cold pitch, according to Allison.
- Series A to D Venture Investor Mandate: David on Betting on the TeamDavid is a venture investor who runs a network of 600 members and invests in later stage venture-backed companies from Series A through Series D.
- Single Family Office Mandate: Alternatives, Banks, Private Equity and Real EstateThe guest runs his own single family office and also serves as president of a group of 35 family offices.
- Family Office Mandate: Non-Correlated Managers and Market ViewsA group of 35 family offices meets twice a month to vet investment ideas, and it has reviewed more than 500 managers in 11 years.
- Single Family Office Mandate: Oil, Cannabis, Film and TechnologyFord describes a single family office whose wealth began in 1920 when his great-grandfather discovered a major oil pool in Oklahoma.
- How a Multifamily Office Serves Families Worth $200MJohn leads with the numbers of a multifamily office that is 18 years old.
- Investor Mandate: Private Lending and Alternatives for DoctorsForest runs an investment advisory firm that operates as a multi-family office for doctors and dentists across the US.
- Angel Investor Mandate: What Catherine Looks For in Early-Stage DealsCatherine is mainly an angel investor who looks at deals from seed stage through B or C stage companies.
- Diversified Commercial Real Estate Investor Mandate: Jim InterviewA Chicago single family office buys middle market real estate between 10 million and 75 million dollars in assets.
- Investor Mandate Interview: Consumer Products, Fintech and BiotechA 24-hour cool down rule is the main habit Steve shares in this investor mandate interview with Richard C.
- Exotic Alternative Investments: A Family Office Investor MandateMark runs a family office that aims to earn about 1% a month in any market and hopes to avoid a down month.
- Investor Mandates and Creative Deal Structures: Family Office PanelA family office panel opens with a speaker's claim that 80% of the money in the United States sits outside banks, stocks and bonds.
- Private Investor Mandate: Direct Deals and Real EstateTaeho manages his own wealth, his family's wealth and the wealth of one close friend's family.
- Sports, Media, Gaming and Consumer Investor Mandate: JosephJoseph runs a venture capital and micro PE firm set up as a holding company.
- How a Wealth Manager Screens Alternative Investments for ClientsChristina, a wealth manager in Silicon Valley, says the first test for any fund is whether its risk profile matches the risk profile of the client's goal for that money.
- Toronto Multifamily Office Investor Mandate Interview with BrennanBrennan runs a relatively new multifamily office in and around Toronto that serves only Canadian resident investors.
- Raising Capital from Multifamily Offices: Small vs Large ManagersOne multifamily office guest described a 25 year planning view and a platform of about 120 managers, mostly large and established names.
- Technology Angel Investor Mandate: Satellites, Data and ClimateTim is an angel investor and adviser to early stage startups.
- What Family Office Investors Look For: Deal Sourcing PanelThe panel opens with a concrete picture of what each investor wants.
- Investor Mandate: Homeland Safety, Lending and Convertible BondsThe Zurich-based guest describes a mandate built on minority stakes and co-investors.
- Dental, Restaurant, Multifamily and Hospitality Investor MandateThe guest, a doctor who runs a real estate and operating business firm, describes a mandate built around hospitality, multifamily, Five Guys Burgers and Fries franchise operations, dental operations and emergency room operations.
- SaaS and Healthcare Angel Investor Mandate InterviewBo leads an angel investing group in South Florida that invests at the pre-series A stage.
- Small Business and Yield Investor Mandate: Jake, Recently LiquidJake recently sold his technology business and is now investing his own money, with a plan to grow it over the next five to ten years.
- Single Family Office Mandate: Healthcare, AI and Distressed Real EstateBarry runs a single family office based in Boca Raton and New York City.
- What Top Investors Look for in Deals and SponsorsDeal sizes of 10 to 50 million dollars for real estate and 2 to 10 million dollars of EBITDA for operating companies come up early in this panel.
- Direct Private Equity Investor Mandate Interview with NadineA family office adviser named Nadine explains how her firm works with families that do not know each other and hold very different mandates.
- Lending Against Fine Art: A Family Office Debt MandateAlan runs a family office investment boutique that he started 30 years ago after leaving Wall Street.
- Real Estate Equity and Debt Co-GP Mandate: Deal Size and MarketsVanessa works on the capital markets team at a real estate investment firm with 20 billion plus in assets.
- Seed and Growth Stage Tech Investor Mandate: CharlesCharles invests in seed and growth stage tech companies, mostly deep technology, and more than half of his work is in health or biomedical.
- Electric Vehicle and Real Estate Tech Investor Mandate InterviewSamir describes a mandate that sits between venture investing and long-dated private equity.
- Veteran-Led Startups: Investor Mandate Interview with DougDoug runs two funds that grew out of an angel network.
- What a Reinsurance Company Looks for in Fund ManagersAudi oversees alternatives at a $6 billion reinsurance company and also manages investments for their family.
- Multifamily Value-Add Investor Mandate: What Dylan Looks ForDylan invests only in multifamily, and he looks for existing value add apartment buildings of 75 to 300 units.
- Angel Investor Mandate Interview: Morgan Hill Angel GroupGary runs a small angel group in Morgan Hill, California.
- California Angel and VC Investor Mandate: Nuno's Early Stage FocusNuno invests from a single family office in San Francisco.
- New York Angel Investor Mandate: Matthew on Deals and DiligenceMatthew is an angel investor, a limited partner in a New York City fund, and an active attorney in venture capital and private equity.
- $7B Multi-Family Office Mandate: Direct Deals and DistressPaul's firm is a multi-family office advisor based between Boston and London.
- Merchant Bank Mandate: Dan on Surviving and AdvancingDan runs a multistrategy private equity family office that also does merchant banking.
- Student and Workforce Housing Investor Mandate: California Family OfficeA new student housing market needs at least 100 units and 300 beds before Rohan's family office will look at it.
- Private Investor Mandate: Diversified Stocks, Real Estate and StoragePeter describes himself as a diversified investor.
- Growth Equity and Private Credit Investor Mandate InterviewGreg runs two pools of capital for clients.
- Seed Angel Investor Mandate: Digital Health, Ad Tech and LogisticsAngela describes an angel group of 80 investors, mostly in New York City, that writes seed checks of roughly $150,000 to $200,000.
- Student and Workforce Housing Investor Mandate InterviewRohan leads a family office based in California that invests in student and workforce housing, from the middle United States out to California.
- Multi-Family Office Investor Mandate Interview with MichaelMichael, a partner and managing director at a fifth generation family firm founded in Canada in 1873, describes his investment mandate in a short interview with Richard C.
- Super Angel Investor Mandate: Seed Deals, Small Checks, Wide ReachDaniel is a super angel who has invested in about 176 companies, usually with checks of 1K to 50K.
- Chicago Angel Group Investor Mandate: Seed, Series A and B2B SaaSSuzanne runs an angel group in Chicago and also invests on her own.
- Frontier Market Investor Mandate: Interview with JonathanJonathan runs an investment management company in Fort Lauderdale with an all institutional client base.
- Series A and Early Stage Fintech and Software Investor MandateRon invests in early stage technology companies, with a focus on software sold to enterprises.
- Are There Real Investors at Family Office Club Events?A panel at a Family Office Club event shows investors stating their mandates in a few sentences each.
- Renewable Energy Investor Mandate: Solar, Wind, Medical Real EstateSimon represents Go Solutions, an investment company in Johannesburg.
- Multifamily, Logistics and Private Credit: An Investor MandateThe speaker built a real estate background at GE Capital, then chose to focus on one market.
- Family Office Investor Mandate: Sun Belt Real Estate and Direct DealsChristian describes his team as allocators who also focus on operational and direct deals.
- Chicago Wealth Manager Investor Mandate InterviewJohn runs a wealth management firm on the northwest side of Chicago.
- Corporate Innovation and Venture Investing: Investor MandateA strategy and product development firm that serves Fortune 1000 companies also invests in early stage startups.
- Education and Training SPAC Investor Mandate Interview with RoryIbis Capital launched the first SPAC focused on education, training and human capital markets in 2018.
- Investor Mandates from the Family Office Club's 7,500 InvestorsOne investor says about $10 million is ready to be placed in value add multifamily and covered land deals in Seattle within 30 days.
- Retail and Apartment Investor Mandate Interview with EdEd runs a single family office based in Fort Lauderdale.
- Investor Club Update: Mandates and Closings During the PandemicThe Private Equity.com virtual investor club reached 150 investors under contract, according to Richard C.
- Angel and Seed Investor Mandate Interview: Noble in Los AngelesNoble started as an individual angel investor.
- European Family Office Mandate: Alternatives and InfrastructureA European single family office spreads its capital across the Americas, Europe and Asia, says Fadi in this mandate interview with Richard C.
- European Single Family Office Investor Mandate: Prague InterviewA partner at a single family office in central Europe explains how the office invests.
Questions answered
- How do I close a funding round?I close a funding round by focusing on investors who fit the opportunity and moving each interested prospect through clear, consistent follow-up.
- What documents do investors request during due diligence?Prepare a clear, organized package covering your operations, investments, compensation, team, and track record.
- How do I raise capital for my business?I raise capital by building a repeatable system for attracting the right investors, establishing credibility, and developing relationships before asking for money.
- How do I raise money with no track record?I would raise money without a track record by focusing on credibility, relationships, and evidence of my ability to execute.
Tools for this topic
Common questions
What return targets does Charles set for his investments?
Charles targets an IRR of at least 25% per year and a minimum 10x return in five years. He invests as an angel, through a small family office, and through an SPV.
How large are Greg's equity and credit checks?
Greg's equity checks range from 1 to 5 million. His credit checks range from 10 to 20 million, drawn from two dedicated pools of capital.
What does Peter at M Family Office look for in operators?
Peter looks for operators who have invested in the same markets for the last 10, 15 or 20 years. He asks them for weekly or monthly performance reports and compares those with data from past investments.
