Baylor University’s chief investment officer David Morehead, who oversees a $2.6B endowment, walks 20VC through how limited partners are sizing up venture allocations for 2026. He sets out what earns a commitment, what gets passed over, and how endowment investors weigh venture against the rest of a portfolio.
What LPs actually want from venture funds in 2026
Baylor University's chief investment officer David Morehead, who oversees a $2.6B endowment, walks 20VC through how limited partners are sizing up venture allocations for 2026.
