Top Tier Capital Partners
Venture-only allocator across primaries, secondaries and co-invests.
Funds-of-FundsFirmGlobal, centered on the U.S. and Europe
Target market
Venture managers across stages in the U.S. and Europe
Typical check
Institutional commitments sized to venture funds
Geography
Global, centered on the U.S. and Europe
Overview
Top Tier Capital Partners is a venture-focused fund-of-funds that spun out of Paul Capital in 2011 and invests exclusively in the venture ecosystem. It commits to funds as a primary LP, buys venture fund stakes in the secondary market, and co-invests directly into portfolio companies. That venture-only focus makes its diligence unusually fluent — Top Tier underwrites graduation rates, ownership and reserve strategy like an operator. It backs both established franchises and rising managers across the U.S. and Europe.
Key facts
- Invests exclusively in venture capital
- Spun out of Paul Capital via management buyout in 2011
- Active across primaries, secondaries and direct co-investments
- Headquartered in San Francisco