Venture Partners typically sit in the General Partner entity of a Venture Capital firm. They may be involved in managing only one specific fund and can earn a percentage of the carried interest for that particular fund. They are not usually part of the Management Company, which is where the firm's owners or managing partners are located.
Venture Partners sit in the General Partner entity of a Venture Capital firm. They are involved in managing only one specific fund and can earn a percentage of the carried interest for that particular fund. They are typically not part of the Management Company, which is where the firm's owners and/or managing partners are located.