Diversified by Hedge Funds. Augmented by Venture Capital.
We seek to help investors build & secure generational wealth by harnessing the power of endowment-style diversification.
We seek to help investors build & secure generational wealth by harnessing the power of endowment-style diversification.
VenHedge is an alternative asset management firm founded in 2018. Our distinctive hybrid approach combines hedge funds with venture capital and spans many unique fund managers, strategies, and assets. We work directly alongside investors of all types with fully-aligned interests and a shared long-term mission.
The distinctive VenHedge approach is shaped by four guiding principles.
We invest dynamically based on ongoing assessments of ever-changing market conditions. We seek out intelligent risks, strive to anticipate paradigm shifts, and remain enthusiastic about a changing environment.
Our time horizon is perpetual. We approach opportunities, diversification, and risk management with a continuous process, and we measure success over many years, market cycles, and decades.
Harry Markowitz famously called diversification the singular free lunch (i.e., for a given return, diversification reduces risk). At VenHedge, we unlock fresh diversification across many unique strategies & managers.
As stewards of partnership capital, we invest in each other’s success and foster a culture that holds the collective interests of the partnership in highest regard.
February 2018
The firm is co-founded by two brothers who share a passion for investing, technology, and entrepreneurship.
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July 2019
Commenced operations under the name Third Web Capital, an investment partnership focusing on next-generation software innovation.
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November 2019
Developed long/short relative value strategies to hedge risks and unlock new return sources.
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January 2020
Created a venture capital strategy, leading to future investments into SpaceX, Addepar, Groq, etc.
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December 2020
Began allocating capital to external managers (hedged) to increase diversification and access new opportunities.
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August 2021
Launched a dedicated absolute return strategy (hedged) to mitigate market volatility in advance of an interest-rate hiking cycle.
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December 2023
Adopted the name VenHedge after our hybrid model of blending venture with hedge.
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September 2024
Created VenHedge Mosaic, an all-in-one endowment solution to dynamically allocate among our myriad strategies and sub-strategies.
Brett Lyons is focused at VenHedge on generating robust diversification by spreading risk across many specialized assets, managers, and strategies. He draws on 5 years of prior industry experience at Ernst & Young, where he specialized in financial-statement and operational audits of hedge funds and private equity funds.
Grant Lyons is focused on deep research into cutting-edge innovations. He directly manages an internal sub-portfolio (Dispersion) that is a constituent of the Public Equity Portfolio. Grant draws on prior industry experience in trade support at Charles Schwab, where he held Series 7 & Series 65 licensure.
We believe the key to fully harnessing the power of diversification is to allocate capital across many management styles, investment strategies, and asset classes. This approach ensures that we're not overly concentrated in any single risk factor, while having exposure to a variety of upside-seeking return streams and opportunity sets.
When the late David Swensen was appointed CIO of the Yale endowment in 1985, the vast majority of its roughly $1 billion portfolio consisted of stocks and bonds. Over the next decade, Swensen and Yale would pioneer an revolutionary new model of diversification. Yale reallocated capital into so-called alternative investments such as private equity, venture capital, and hedge funds. At the heart of this Yale model is absolute return (hedge funds) which today represent about 20% of Yale’s $40 billion+ endowment fund. At VenHedge, we draw inspiration from the Yale approach by utilizing hedge funds as a primary source of diversification.
The institutional model of investing pioneered by Yale also includes a considerable allocation to venture capital investments. At VenHedge, we augment our core hedge fund strategies with venture capital investments that seek to generate extraordinary returns by investing at the cutting edge of innovation and technology.
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VenHedge Asset Management, LLC | info@venhedge.com
Nothing on the website is directed at or should be relied upon by any investors. VenHedge Asset Management, LLC does not intend to solicit or make its investment advisory services available to the general public. Under no circumstances should any information provided on this Website be considered as an offer soliciting the purchase or sale of any security or interest in any pooled investment vehicle nor should it be construed as an offer to provide investment advisory services. Such offers or solicitations will be made separately and only by means of the confidential partnership documents which should be read in their entirety, and only to those who, among other requirements, meet certain qualifications under the securities laws of various jurisdictions, including but not limited to the United States.