How Texas Teachers sizes up startup managers

Early-stage and venture capital investment is hot right now in Asia and beyond, as institutions large and small look to take stakes in companies – particularly in the technology sector – early in their business cycles, in search of the next unicorn. But while more money may be prepared to take a punt on start-up funds, such strategies remain a riskier proposition than committing capital to well established managers. One man well versed in the challenges faced by new general part…