Patient Capital, Bold Bets: Constructing a Venture Book That Works

A Swimming with Allocators Episode

This week on Swimming with Allocators, Alexa and I welcome Joshua Berkowitz of Berkocorp to talk about how a family office moves from real estate into venture capital with patience, curiosity, and a clear sense of portfolio construction.

This conversation is practical in the best way. We talk about building relationships with top VC and PE managers, underwriting exceptional GPs, using GP and LP references, and the reality that venture requires genuine commitment, not casual exposure.

I especially appreciated the discussion around how mature venture assets should be classified, and how AI and younger founders may be reshaping what allocators need to look for in the next generation of managers.