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Founders Fund's COO on how she raised $1.5 billion for the growth fund - Business Insider

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The woman who has raised billions for Peter Thiel's investment funds over the last 15 years reveals her strategy for getting outside investors to write checks into Founders Fund's biggest fund yet

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With the firm's first-ever growth fund, she had to convince outside investors to put their trust in a new strategy. The growth fund is focused on concentrating capital into its most successful portfolio companies.Lauren Gross, the chief operating officer at Founders Fund, knows it better than most. A former investment banker, Gross, who is also the sole female partner at Founders Fund, leads all of the firm's non-investing activities fom finance to legal. She met Peter Thiel, the firm's cofounder, at a cocktail party more than a decade ago and worked at his hedge fund as head of fundraising before moving over in 2010.A new strategy at Founders Fund

 

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