LPs in a select set of funds.
Beyond what we invest in directly, Milton Maxwell is a limited partner in a select set of venture and investment funds. We don't back funds for diversification's sake. We back funds whose managers are exceptional, whose strategies reach corners of the market we can't cover ourselves, and whose deal flow and judgment make us better investors.
A manager with a real edge.
Domain depth, a distinctive network, or a strategy that doesn't compete with everyone else's.
A strategy that complements ours.
A stage, geography, or sector where being an LP gives us reach we'd otherwise lack.
Alignment.
Managers who invest their own capital and think in decades.
Funds where Milton Maxwell principals are limited partners.
User: confirm the full list, current LP status, and that public listing is acceptable to each manager. Theses below are first drafts, edit to reflect the actual reason MM is an LP.
South Park Commons (SPC) Fund
LP · Charlie, AlexA community-first fund that backs technical founders before they have a company, at the "pre-idea" stage. Being an LP keeps us close to a dense network of operators at the exact moment they're forming the next set of theses.
Iterative
LP · CharlieAn early-stage fund and accelerator focused on Southeast Asia, operating out of Singapore. It gives us reach into a region whose manufacturing, capital flows, and consumer markets increasingly matter to our public-equity thesis, exposure we couldn't build ourselves from San Francisco.
PlaceholderConfirm thesis with Charlie.
Banana Fund
LP · CharliePlaceholderUser: confirm fund name, manager, and strategy, then write a one-to-two-sentence thesis on why MM is an LP.
Mission St Capital
LP · CharliePlaceholderUser: confirm manager and strategy, then write the thesis.
Seven Hill Ventures
LP · AlexPlaceholderUser: confirm manager and strategy, then write the thesis.