Best LP practices and diligence examples

Can institutional capital really afford to rush or is patience the ultimate edge in fundraising? In this episode, I sit down with Rahul Moodgal to unpack what it actually takes to build long-duration institutional relationships in today’s cautious capital environment. We talk about why capital raising is harder than it looks, how elite LPs think about alignment over performance, and why the best partnerships are often built over a decade—not a quarter.

Highlights:

• Why raising capital today feels harder than ever—even at scale
• The difference between transactional LPs and long-term partners
• How trust, transparency, and integrity compound over time
• Why patience can outperform urgency in institutional fundraising
• What elite allocators look for beyond track record alone

Guest Bio:

Rahul Moodgal is a veteran institutional capital raiser with decades of experience working across pensions, endowments, foundations, and sovereign wealth capital. Known for his relationship-first philosophy, Rahul has helped managers build durable, long-term LP partnerships by prioritizing alignment, transparency, and trust over short-term performance chasing. His approach emphasizes patience, integrity, and the belief that the right capital—at the right time—matters more than fast capital.

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Sponsor:

AlphaSense is the AI-powered market intelligence platform trusted by 85% of the S&P 100, helping investment professionals make faster, more confident, data-driven decisions. Built for hedge funds, asset allocators, private venture capital firms, and investment bankers, AlphaSense uses advanced AI and powerful search across premium proprietary content to surface the insights that matter most—before the market moves. Elevate your research and stay ahead of the competition. Visit https://www.alpha-sense.com/howiinvest/ to learn more.

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Stay Connected with Rahul Moodgal :

LinkedIn: https://www.linkedin.com/in/rahul-moodgal/

Questions or topics you want us to discuss on How I Invest? Email us at david@weisburdcapital.com.

Disclaimer:

This podcast is for informational purposes only and does not constitute investment, financial, legal, or tax advice. Nothing in this episode should be interpreted as an offer to buy or sell any securities or to participate in any investment strategy. All opinions expressed by the host and guests are their own and do not represent the views of Weisburd Capital. Participants may hold positions or have financial interests in the companies, funds, or investments discussed. Any references to specific investments are for illustrative purposes only. Investing involves risk, including the potential loss of capital. Past performance is not indicative of future results, and any forward-looking statements are subject to risks and uncertainties. Any third-party data or opinions have not been independently verified. Listeners should conduct their own research and consult their own advisors before making any investment decisions.

(0:00) Introduction (2:08) Combining Rationality and Due Diligence in Investments (4:32) Building and Maintaining Long-term Investor Relationships (11:28) Scaling Challenges and Long-term Thinking in Investment Firms (15:21) Growth Strategies and Predictable Challenges for New Firms (18:15) The Pressures and Impacts of Rapid Firm Growth (19:20) Exploring Different Investment Strategies (25:02) The Importance of Early Backing and Loyalty in Investments (27:56) Best Practices and Relationship Building for Elite LPs (33:26) The Strategic Approach of Not Asking for the Sale (36:45) Retail Investors, Intermediaries, and Principal Agent Issues (41:04) The Significance of LP Quality and Alignment (43:00) Rahul Moodgal's Other Activities and Interests (45:00) Charity Work's Impact on Personal and Professional Life (45:50) Timeless Investment Lessons for GPs and LPs (48:27) Identifying Underrated Qualities in Successful Investors (50:41) Integrity and Exemplary Practices in the Investment Industry (53:38) Perspectives on AI and Its Evolving Role in Investments (55:34) The Value of Handwritten Notes in Professional Relationships (56:52) Closing remarks