Structured Equity Growth Investor: L2 Point’s Kerstin Dittmar

This podcast features an interview with Kerstin Dittmar, founder of L2 Point, a private investment firm specializing in structured equity investments for late-stage growth companies. The conversation explores Dittmar's career path from Goldman Sachs and TPG Sixth Street Partners to launching her own firm, focusing on the unique advantages of structured equity as an alternative financing solution. Dittmar highlights the educational process involved in explaining this less conventional approach to both companies and investors, emphasizing its ability to minimize dilution and operational constraints compared to traditional equity or debt financing. She also discusses the challenges of fundraising in a difficult market and the importance of building a strong operational infrastructure for a new investment firm. A key takeaway is the value proposition of structured equity in providing a less volatile investment strategy with a narrower band of return outcomes for LPs.