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Nico Mizrahi
Partner & Portfolio Manager
Nico Mizrahi is an accomplished finance professional with a strong educational background and a wealth of experience in various roles across the investment industry.
Nico Mizrahi pursued his finance education at California State University, Northridge, where he honed his skills and knowledge in the field.
Additionally, he attended the Crossroads School for Arts & Sciences, emphasizing a well-rounded approach to education.
Currently, Nico Mizrahi serves as a Partner and Portfolio Manager at First Pacific Advisors (FPA), showcasing his expertise in managing portfolios and investments.
Prior to his current role, he held the position of Angel Investor, demonstrating his involvement in supporting startups and emerging businesses.
Furthermore, Nico Mizrahi has experience as an Associate at O'Shaughnessy Asset Management, LLC (OSAM), where he worked in investment analysis and portfolio management.
His background also includes a role as a Senior Analyst at O'Shaughnessy Asset Management, LLC (OSAM), highlighting his analytical skills and expertise in the financial sector.
Highlights
We are extremely excited to share our latest report, "The Importance (and Shortcomings) of a Data-Driven Approach in Venture Capital".
Venture investing is uniquely well-positioned for robust data-driven approaches: Data has the potential to enhance every component of the investment process (for GPs and LPs), and allocators, in particular, can unlock significant benefits from better-leveraging data.
Back-tested research and relevant KPIs: Our research suggests that at least a handful of KPIs are highly correlated with future fund performance, and we are excited to share more details below. For example, funds generating a score of greater than ~30% on our KPIs are 8x more likely to generate a 5x+ return than the absolute probability of a fund generating a 5x+ return.
Unlocking and expanding breadth of coverage: Our anecdotal experience suggests that ~40% of funds we are actively engaged with and who we consider to be in the top decile of funds either have no institutional LPs or are not actively or broadly marketing their funds.
Shortcomings of a data-driven approach: Data-driven approaches will increasingly help allocators get to the “right” funds for the right reasons (hopefully at the right time). From there, it will be up to their internal underwriting processes and (GP-facing) products to determine whether or not they can be granted access to the best funds. Data analysis cannot replace these critical components of the fund investment process alone.
Path forward: If you are a fund manager curious to learn how your prior angel investments or funds rank, you can contact us directly or submit relevant investment information to us via HARDCAP. If you are an allocator interested in learning more about how to integrate a data-driven approach into your fund investment process, feel free to reach out to our team.
#emergingmanagers #venturecapital
I’m happy to share that I’m starting a new position as Co-Founder & General Partner at Pattern Ventures!
