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What is the Average Ticket Size and Conversion Rate for a Fund with HNWI LP Base from Pitch to Investment?

What would be the average ticket size and conversion rate from pitch to investment for a fund with a HNWI LP base?
1 See in Base
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$100k - $250k is pretty normal for a 1st closing. It’s hard to predict the close rate because it really depends on your thesis and pitch.

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