CONNECTING THE INVESTMENT ECOSYSTEM GLOBALLY.
Investment
Fellowship
For Analysts and Associates working inside venture capital, growth equity, private credit, and related investment teams.
One continent,
connected to the world
Nominating Funds
How the Fellowship operates
Live sessions
A practising investor shares a real decision, workflow, or piece of analysis from their fund.
6 weeks will include an additional session dedicated to branding and any other areas investors deem most important.
Applied work
Released Tuesdays, due the following Monday. Structured outputs that mirror real fund work.
Peer review
Each Scholar reviews 2 to 3 peers per week using a consistent rubric.
Pod calls
Pods = across different funds and geographies. This is how Scholars build the regional relationships that last.
Optional sessions
There will be 10-12 optional sessions throughout, focusing on various domains and industries.
Office hours
30 minutes, optional, available every fortnight.
Who is this Fellowship for?
This Fellowship is for Analysts and Associates working inside venture capital, growth equity, private credit, and related investment teams.
We're not here just to teach VC fundamentals. The people who join this programme already know how funds work.
What we're focused on is the harder shift, from someone who supports the investment process to someone who contributes independent judgement and produces work that holds up at fund level.
The six areas we built around
The 6 areas we've built the programme around came directly from conversations across the ecosystem.
Regional network
Advanced investment craft
Confidence & professional presence
Sourcing excellence
Value creation within funds
Utilising AI effectively
The 16-week journey*
*Evolving and subject to change as the programme develops.
Structuring Investment Judgement
Foundation for Capstone Investment AssessmentA structured investment assessment of one relevant company. This includes the investment case, key risks, unknowns, and recommended next steps for diligence.
Walks through how they evaluated a real investment opportunity, including how their thinking evolved and what ultimately shaped their decision.
Many Scholars contribute to investment work but do not always have the opportunity to articulate and defend their own view. This week establishes the foundation for independent judgement by helping Scholars move from observation to structured investment thinking.
Provides the fund with a clear, structured view of a relevant opportunity and strengthens the Scholar's ability to produce useful written analysis.
Fellows in private credit and debt funds should apply market analysis to the credit dynamics of the sector, including default risk, borrower concentration, and interest coverage trends rather than equity upside.
Understanding Market Viability
Sector Deep Dive 1 beginsA market landscape note covering one sector relevant to the fund. Includes key companies, structure, fragmentation, and areas of opportunity and risk.
How they assessed the viability of a market they invested in, including how their view evolved over time and what signals mattered most.
Company quality cannot be assessed in isolation from market structure. This week strengthens the Scholar's ability to assess whether a market itself supports investment outcomes and helps build the foundation for sector research.
Provides structured market intelligence that the fund can reference when evaluating opportunities in that sector.
Evaluating Founders
Supports Capstone Investment AssessmentA founder assessment note covering strengths, risks, credibility indicators, and areas requiring further validation.
Explains how they evaluate founders in practice, including what signals matter early and how conviction develops over time.
Founder evaluation is often intuitive and inconsistent early in investment careers. This week strengthens the Scholar's ability to assess founders more systematically.
Strengthens internal documentation and clarity around founder evaluation.
Identifying and Prioritising Risk
Supports Capstone and Sector Deep DiveA structured risk assessment identifying key risks in a relevant company or sector and what signals to monitor.
Walks through risks identified in a real deal and how those risks influenced the final investment decision.
Investment outcomes are often shaped more by risk identification than opportunity identification. This week strengthens risk assessment capability.
Helps the fund identify material risks earlier and more clearly.
Credit and debt fellows should frame risk through the lens of downside protection, covenant quality, collateral, and borrower credibility rather than equity return scenarios.
Developing Investment Pipeline
Sector Deep Dive research inputA pipeline development list identifying 15 to 30 relevant companies aligned with the fund's focus.
Explains how investment opportunities enter their pipeline and how they proactively identify relevant companies.
Scholars often rely heavily on inbound opportunities. This week strengthens proactive sourcing capability.
Expands the fund's pipeline visibility and improves sourcing discipline.
Building Sector Familiarity
Sector Deep Dive 1 developmentAn expanded sector map identifying categories, emerging companies, and structural trends.
Walks through how they built expertise in a sector over time and how it improved sourcing and investment judgement.
Deep sector familiarity improves sourcing quality and evaluation speed. This week strengthens sector-level thinking.
Provides structured sector intelligence for the fund.
Building Founder Engagement Capability
Sector Deep Dive and pipeline supportA founder tracking and engagement plan for relevant founders and companies.
Investor explains how they build relationships with founders and maintain visibility into emerging companies.
Access to strong founders develops over time. This week strengthens long-term sourcing capability.
Helps the fund maintain visibility into relevant founders.
Opportunity Triage and Prioritisation
Capstone and pipeline supportScreening notes for two companies, outlining whether and why they should be pursued.
Investor explains how they quickly assess whether an opportunity merits deeper evaluation.
Investment teams operate under time constraints. This week strengthens prioritisation capability.
Improves internal efficiency in opportunity triage.
Developing Investment Analysis
Capstone developmentFull investment analysis note for one company.
Investor walks through how they analyse a company in depth and structure their thinking.
Clear written analysis is essential to investment decision-making. This week strengthens structured analytical capability.
Provides useful internal analysis aligned with fund evaluation processes.
Supporting Investment Decisions
Capstone developmentInvestment recommendation note for a relevant opportunity.
Investor explains how they translate analysis into investment recommendations.
Investment teams rely on clear written recommendations. This week strengthens decision support capability.
Supports internal decision-making clarity.
Producing Internal Investment Research
Sector Deep Dive 2 beginsA structured research note on a sector or theme.
Investor shares research that influenced their fund's investment strategy.
Internal research strengthens investment capability and sourcing.
Strengthens fund's internal research base.
Understanding Fund Investment Process
Capstone beginsInitial map of the fund's investment process and decision flow.
Investor explains how investment decisions are made inside their fund.
Scholars often see parts of the process but not the full system. This week builds organisational understanding.
Helps Scholar operate more effectively within their fund.
Portfolio Analysis and Monitoring
Capstone supportPortfolio company assessment analysing performance and risks.
Investor explains how they monitor and support portfolio companies.
Investment responsibility continues after investment. This week strengthens portfolio thinking.
Improves portfolio monitoring capability.
Improving Internal Workflows and Leverage
Capstone developmentDraft of Fund Process and Leverage Assessment, identifying areas for workflow improvement.
Investor shares how they improved internal workflows and leverage using tools and structured approaches.
Scholars often lack structured systems for managing research, sourcing, and evaluation. This week strengthens operational effectiveness.
Improves internal efficiency and leverage.
Finalising Fund Process and Leverage Assessment
Capstone completeFinal Fund Process and Leverage Assessment.
Investor walks through operational improvements they implemented inside their fund.
This week focuses on consolidating learning into practical improvements within the Scholar's fund context.
Provides structured operational insight and improvements.
Finalising Sector Deep Dives and Reflection
Fund Partner Pack completedFinal Sector Deep Dives and Development Reflection.
Investor reflects on how their investment capability developed over time.
This week consolidates all learning and ensures deliverables are completed to a professional standard.
Provides the fund with structured research and clear record of development.