D1 Capital Partners' private investment strategy created mixed outcomes for portfolio company workers. The firm marked down 49 private companies in 2023 alone, with the private book losing 10% and eating into public portfolio gains. Dan Sundheim's crossover approach—60% of $19B assets in private investments—meant portfolio companies faced pressure during the 2022-2023 funding drought. However, the firm reported a "thawing" in private markets by late 2023 and delivered 44% returns in 2024.
#208 on the board
D
D1 Capital Partners
Venture FundConcerning33/100low confidence · 2 issues
1 opposed2 mixed
Crossover fund founded by ex-Viking partner.
AUM$20B+d1cap.com