Edition #17#: 51 New Funds, 50 Fund of Funds LPs, Q2 2026 Performance Benchmark The latest (September, 2026) edition of our monthly newsletter is live – a curated snapshot of the news and insights emerging managers and LPs should actually pay attention to. 5 most interesting stories from this edition: > Only 49 of 146 funds of funds actually back emerging managers, and a list of those who make the call inside them > @cartainc's Q2 2026 data: 64% of VC capital now goes to $100M+ funds (vs. 38% in 2017), and the median $100M-250M fund has 45% fewer LPs than four years ago > @EricNewcomer's first VC Sentiment Report: 344 off-the-record quotes from 25 top VCs, including Midas List investors, managing $100B+ in AUM > @samhuleatt: more LPs pay 5% upfront to skip carry, saving $700K on a 3x co-invest > How @EclipseVentures, founded by Lior Susan with @sequoia veteran Pierre Lamond, turned a ~$147M bet on AI chipmaker @cerebras into ~$2.5B at IPO and now manages $12.5B 👉 Read it now and join a community of 4,000+ VC/LP subscribers: