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How to Approach a Family Foundation as a Potential LP: Differences, Recommendations, and Technical Issues?

Am preparing to meet a family foundation as a potential LP because they want more impact any recommendations or insights on how that might differ from connecting with a HNWI or a family office? Or any technical/ regulatory issues I should study up on?
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Family offices care a lot about deal flow. You will likely have pro-rata opportunities that the fund will not be able to fill. Build your pitch narrative around the fact that they will have opportunity to double down on some of your best deals.

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