Webinar
Allen Street Ventures Final Call
The deadline for Allen Street Ventures Fund 2 is around the corner and the team is beginning to deploy capital and build the portfolio. Join us for this on-demand presentation as Managing Partner Ray Wu gives an overview of Allen Street Ventures Fund 2 and explains how the team constructs a fully diversified venture portfolio.
See video policy below.
Post Webinar Summary
Allen Street Venture is a venture capital fund focused on Penn State alumni and the broader community, providing access to diversified venture investments. Part of Alumni Ventures, one of the largest VC firms for individual investors in the US, the fund aims to help accredited investors diversify their portfolios by investing in early-stage companies before they go public. With over $1.3 billion raised and a network of 3,000+ alumni, Allen Street Venture builds portfolios of 20-30 companies, covering various sectors and stages. The fund leverages strong relationships with established VCs and provides investors with benefits such as tax exemptions under the QSBS program and fee reductions for early commitments. The presentation emphasized the unique nature of venture capital as an asset class, its low correlation with public markets, and the long-term investment horizon required to realize potential high returns.
This on-demand presentation about Allen Street Ventures Fund 2 is open to all alumni and friends of Penn State University. Allen Street Ventures is Alumni Ventures’ Penn State-focused venture capital fund.
During the session, we will discuss:
- HomeThe goal and structure of the fund
- HomeBenefits of diversifying into venture capital
- HomeMinimum requirements needed to invest in the fund
- HomeThere will be time for open questions and discussion during the call
About Alumni Ventures
Top 20 VC Investors in North America (2024)
#1 Most Active Venture Firm in the U.S. (2023)
#1 Most Active Venture Firm in the U.S. (2022)
World's Most Innovative Companies (2022)
Note: You must be accredited to invest in venture capital. Important disclosure information can be found at av-funds.com/disclosures.
About your presenter
Ray is a seasoned venture capitalist with over 20 years of investing experience across a wide range of industries and geographies. Before joining Alumni Ventures, Ray was a partner and adviser at several global venture funds focusing on AI, Web3, FinTech and SaaS investment opportunities across the U.S. and Asia Pacific. Earlier, he spent more than 10 years in the corporate venture space: He was the managing director of HP’s new business ventures, responsible for startup technology evaluation, new business incubation, VC relationships, and minority investments, and earlier at Cisco Systems, holding several senior positions leading investment, M&A, internal incubation, and global consulting. Previously, Ray was a managing partner of a leading Internet consulting firm working with Fortune 1000 companies across North America. He earned a dual MBA degree from the University of California, Berkeley and Columbia University.