Venture & Growth Equity
Concentrated, data-driven allocations to high-growth, AI-enabled private companies at the earliest stages of value creation — where return dispersion is greatest, and manager selection matters most.
Why This Strategy
Growth-oriented clients increasingly expect access to opportunities unavailable through public markets. Competitive pressure from peers offering private equity exposure is accelerating. The challenge is identifying high-quality managers who will consistently seek to generate alpha and true differentiation for your firm.
BIP Capital provides curated access to multi-stage venture and growth equity through 15+ years1 of institutional-grade diligence.
Continuous Capital Model
First institutional positions of $1M-$5M, with follow-on tranches of $2M-$15M for breakout companies where we maintain an information advantage.
Active Business Building
A vertically integrated internal team of sector-focused subject matter experts who guide portfolio companies from pre-diligence to exit.
Multi-Stage Exposure
Seed through growth stage — capturing value across the full company lifecycle rather than a single entry point.
Maximum Return Dispersion
Early-stage markets exhibit the widest gap between top and bottom quartile managers. Manager selection at this stage has the greatest impact on outcomes.
How Advisory Firms Access This Strategy
Multiple structures designed to accommodate varying client eligibility, investment committee requirements, and firm-level allocation parameters.
Dual-Perspective Value
- Access to growth-stage private companies at the stages of greatest potential value creation
- Portfolio diversification uncorrelated to public market beta
- Exposure to innovation-driven sectors through disciplined, multi-stage underwriting
- Potential for fat-right tail outcomes
- A dynamic optionality system that seeks to create unique, mean-variance optimized returns
- A meaningful source of competitive differentiation for independent advisory firms
- Multiple access structures matched to client eligibility and risk tolerance
- Institutional-grade reporting and education resources for client communication
- Direct access to BIP Capital's investment leadership for IC-level dialogue
Integration and Reporting
- Traditional closed-end and evergreen options
- Follow-on investment opportunities
- Multiple eligibility tiers
- Continuous and vintage-based deployment
- Look-through portfolio reporting
- Key advisor platforms
- Platformed with key custodians
- NAV reporting and capital account statements
- Direct access to investment leadership
- Portfolio company updates and market intelligence
- IC-ready research and diligence summaries
- Client-ready, white-label education materials
Frequently Asked Questions
The Next Step
Connect with our team to discuss how this strategy aligns with your firm's objectives.
- Reflects investment activities of BIP Capital, LLC (formed January 2018) and its predecessor affiliated entities operating under the "BIP Capital" name and, from 2021 through 2023, the "Panoramic Ventures" name. The senior investment professionals responsible for the strategies described herein are the same individuals who were principally responsible for the corresponding strategies at the predecessor entities, using a substantially similar investment process. See Disclosures for additional information regarding predecessors.
- BIP Ventures Evergreen BDC is a privately offered, externally managed, non-diversified closed-end investment company that is regulated as a business development company (a “BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”).
- Beginning in 2026, the Fund intends to commence a share repurchase program in which it intends to repurchase annually between 4% and 9% of outstanding Shares (by number of Shares). The repurchase program is subject to approval of the BDC’s Board of Trustees, availability of liquidity in the BDC, and an overall transaction limit of 9% of the total outstanding shares of the BDC. Accordingly, there is no guarantee that liquidity may be available.
Investments in venture capital involve significant risks, including: (i) total loss of capital — many early-stage companies fail; (ii) illiquidity — investments may be held for 7–10+ years with no secondary market; (iii) J-curve effect; (iv) dispersion risk; and (v) valuation subjectivity. Past performance is not indicative of future results.