Sion Evans

Sion Evans is a Senior Investment Manager at VenCap International plc, a fund of funds specializing in venture capital.12 He is currently involved in investing out of a $340M fund with $2.0bn in total assets under management (AUM).1 VenCap, founded in 1987, is one of the longest-established fund of funds, headquartered in the UK and backing leading Tier 1 firms globally.1

In his role, Sion focuses on manager selection and evaluating both large and small funds.1 He emphasizes that good funds outperform regardless of their size, and that manager selection is the most crucial factor in venture capital performance.1 VenCap's portfolio includes 47 underlying unicorns, with notable investments in companies like Google, Facebook, Airbnb, Coinbase, ByteDance, and Stripe.1

Sion is also involved in VenCap's investment strategy, which includes backing generalist managers who evaluate opportunities across various sectors, including AI.1 He notes that VenCap's managers have been early investors in significant AI companies like OpenAI, Anthropic, Mistral, and Cohere.1