FIRST ASIA-PACIFIC COHORT
2XI GP Sprint
2XI GP Launch Pad
in partnership with
(applications are now closed)
2X Ignite is launching an introductory and an acceleration programme for 25 female-led or gender-balanced fund managers with gender smart investing strategies across the Asia-Pacific region (Bangladesh, Brunei, Cambodia, Fiji, Indonesia, Laos, Malaysia, Nepal, Philippines, Samoa, Singapore, Thailand, Timor-Leste, Vietnam).
The 2XI GP Launch Pad is an introductory practical training course for candidates that are in the early stages of developing and designing their fund. Meanwhile, the 2XI GP Sprint will provide tailored coaching, practical exercises and network facilitation for GPs with the aim of accelerating their reaching their first close. Both programmes will run in parallel from September 2023 until March 2024.
All GPs will be selected by a team of representatives from 2X Global, fund investors and fund investment experts based on an online application and, for the finalists of the GP Sprint, personal interviews.
2XI GP Launch Pad
Introduction to Fund Management
Selected participants will go through digital practical training courses, masterclasses and one-on-one mentoring to support the design and development of their fund. It is designed for 15-20 participants, structured across 6-months featuring the following content:
2X Ignite Digital Academy - Online practical training courses for participants in the early stages of developing and designing their fund.
Masterclass Sessions - 2-3 masterclass sessions facilitated by industry experts tailored to the profile of the selected cohort. (Topics for previous sessions have included: Designing a Fund Strategy for Successful Exits, Approaches to Fundraising, etc.)
Mentoring Sessions - 2 one-on-one sessions will be held to support the progress of the selected participants.
The selected participants will have to complete all the digital academy modules, successfully submit their project cases, and attend the masterclass and 1:1 mentoring sessions in order to complete the programme and receive a 2XI GP Launch Pad certificate.
Selection Criteria
Female or gender-balanced led fund managers
GP based in and looking to deploy an investment strategy focused on one or more of the following countries: (Bangladesh, Brunei, Cambodia, Fiji, Indonesia, Laos, Malaysia, Nepal, Philippines, Samoa, Singapore, Thailand, Timor-Leste, Vietnam)
Applies the 2X Criteria across the investment cycle, or is committed to adopting a gender-smart investment strategy
Open to VC, PE and innovative finance, both traditional structures and alternative vehicle
Tier 1 and 2 GPs:
Tier 1 = Fund idea developed, but yet to launch the fund
Tier 2 = Launched the fund with a thesis and investment strategy defined, started to build a pipeline of both LPs and potential investees
Expectations
Time commitment and perseverance during the 6-month programme from September 2023 to March 2024.
Readiness to learn and commitment to doing the hands-on work needed to bring the fund idea into reality
2XI GP Sprint
Acceleration Programme
Selected participants will work on bespoke and practical actions to expedite their timeline to a first close. Throughout the programme, they will work hands-on with experts and mentors who will bring in candid LP perspectives and provide concrete feedback to tackle their respective priorities. Is is designed for 10-12 participants, structured across 6-months featuring the following content:
With 12 sessions x 2-week intervals, the programme consists of live workshops, coaching sessions, practical project work on the 2X Ignite Digital Academy (asynchronously; with direct relevance to the GP’s work on her fund), and targeted LP meetings.
In each 2-week time interval, participants are expected to dedicate 3 hours to live sessions + 6 hours to practical project work + 10-20 hours to LP meetings.
Coaching Sessions - One on one sessions with experienced coaches will be held throughout the program to support the progress of the selected participants.
The selected participants will also be hosted for 1-2 in-person meetings where they will be able to engage with relevant LPs in the ecosystem and participate in practical workshops
Selection Criteria
Female or gender-balanced led fund managers
GPs based in and looking to deploy an investment strategy focused on one or more of the following countries: (Bangladesh, Brunei, Cambodia, Fiji, Indonesia, Laos, Malaysia, Nepal, Philippines, Samoa, Singapore, Thailand, Timor-Leste, Vietnam)
Applies the 2X Criteria across the investment cycle, or is committed to adopting a gender-smart investment strategy
Open to VC, PE and innovative finance, both traditional structures and alternative vehicle
Tier 2, 3 and 4 GPs:
Tier 2 = Launched the fund with a thesis and investment strategy defined, started to build a pipeline of both LPs and potential investees
Tier 3 = Raised some capital for the fund and/or deal(s) completed
Tier 4 = First close achieved or deals completed, looking to achieve final close
Expectations
Time commitment and perseverance during the 6-month programme from September 2023 to March 2024
Motivated and open to constructive feedback from an LP perspective and positive energy to do the work needed and implement top priority actions towards a first close.
2X Ignite GP Launch Pad and GP Sprint Team
The programme will be run by Christian Rangen of Strategy Tools & Link VC, Jessica Espinoza, Marijn Wiersma, and Elena Haba of 2X Global, along with a team of LP investment professionals from across 2X member institutions and a group of selected fund investment experts as strategic advisors and mentors, many of whom have been involved in the design sprint.
VERY IMPORTANT!
The 2XI GP Sprint is a standalone programme and is NOT linked to a future 2X Ignite investment facility or any expectations of funding. Selection for the facility will be a separate process.