E52: StepStone's Hunter Somerville on How to Scale LP Capital

Hunter Somerville sits down with David Weisburd to discuss StepStone's unique approach to venture capital, their transition to leading deals, and their full life cycle approach to investing. They delve into accessing companies in the secondary market, identifying potential in emerging managers, and StepStone's value-add to funds and companies.

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X / Twitter:

@StepStoneVC (StepStone Group)

@dweisburd (David Weisburd)

LinkedIn:

Hunter Somerville: https://www.linkedin.com/in/hunter-somerville-2a24117/

StepStone Group: https://www.linkedin.com/company/stepstone-group/

David Weisburd: https://www.linkedin.com/in/dweisburd/

LINKS:

StepStone Group: https://www.stepstonegroup.com/

NEWSLETTER:

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Questions or topics you want us to discuss on The 10X Capital Podcast? Email us at david@10xcapital.com

TIMESTAMPS

(0:00) Episode Preview

(1:52) The strategy behind StepStone's diverse approach to venture

(5:13) The transition from passive co-investing to leading

(8:26) The strategy of being a full life cycle investor

(10:13) Different ways to access companies in the secondary market

(15:10) What to look for in emerging managers

(19:20) Sponsor: Deel

(21:36) StepStone's value-add

(23:47) Current market trends

(25:02) Interview wrap-up: David Weisburd and Hunter Somerville discuss StepStone