
PE/VC | Global Alternatives Allocator | 26y in high tech | 21y in institutional allocation (across large portfolios of $13bn-$700bn)
“Turn it into a dance…Don’t make a distinction between work and play. Instead of calling it work, call it play…like in Hindu and Dao philosophy.” - Alan Watts CORE VALUES: Service, work ethic, impact, integrity, governance, and transformation. Stand for your values. INSTITUTIONAL INVESTMENT & ALLOCATOR EXPERIENCE: Through her 20-year allocator and principal-investor career, Tracy Fong has been investing in emerging to established managers: - Fixed income (Domestic & EM directs) - And a wide range of alternatives including PE, secondaries and GP staking, venture capital (incl directs at Yahoo!), private credit, hedge funds (incl collaboration with Harvard’s internal prop trading), crypto/blockchain, and real assets (incl directs). Investing through 3 major macro cycles and endless micro business cycles in cyclical asset classes on a global cross-asset class basis has been uniquely instructive. She has been responsible for sourcing unique and special situations opportunities, including to anchor new/spin-out funds. She has a depth of experience in recommending fund manager investments, analyzing track record and performance, evaluating co-investment opportunities, and negotiating legal and economic terms. INSTITUTIONAL INVESTOR STRATEGIC ADVICE: Most recently, as the Head of Venture Capital at Albourne ($700bn AUA, 330 global institutional clients), Tracy has worked hand-in-hand with large institutional investors on portfolio construction and investment due diligence and selection across venture capital funds and emerging and diverse manager selection. INDUSTRY COLLABORATION AND CONTRIBUTIONS: Tracy has shared market and investing insights as a speaker at key industry events, including the Women’s Venture Capital Summit, SuperReturn, ALTSEA, PensionBridge, Annual Diverse and Emerging Managers Investment Conference for The NYC Comptroller’s Office, Consensus (Roundtable), ETH Seattle, National Association for Securities Professionals (NASP), Association for Asian American Investment Managers (AAAIM), NVCA Venture Forward, and other diversity-led industry groups. EMERGING ASSET CLASSES AND DEI/SUSTAINABILITY: Tracy is passionate about developing and investing in less-trafficked alternative investments until they become mainstream (royalties, shipping, crypto in 2014, venture credit, timber in 2009, biotech in 2009-2013, China and emerging markets in 2008-2010, sponsor-backed private credit in 2009/2010); diversity, equity and inclusion (DEI); and innovation and Venture Capital. She collaborates with her peers on Sustainability and Impact due diligence.
generalcatalyst.com
svbcapital.com
yahooinc.com
citigroup.com
goldmansachs.com
lehman.com
albourne.com
San Francisco Bay Area
Partner
General Catalyst
• www.linkedin.com/company/general-catalyst
• Full-time
Jul 2024 - Present
San Francisco Bay Area
Equity Partner - Head of Venture Capital
Albourne Partners
• www.linkedin.com/company/albourne-partners
Dec 2013 - Dec 2024
San Francisco Bay Area & Seattle (Bellevue)
Managing Director
SVB Capital
• www.linkedin.com/company/svb-capital
• Full-time
Jan 2018 - Dec 2019
Menlo Park, California, United States
Consultant – Fund of Funds
SFG Asset Advisors
• www.linkedin.com/company/sfg-asset-advisors
Jan 2013 - Dec 2013
San Francisco Bay Area
Vice President - Alternative Assets
Harvard Management Company
• www.linkedin.com/school/harvard-university
Jan 2009 - Dec 2013
Associate - Investment Management Division
Lehman Brothers
• www.linkedin.com/company/lehman-brothers
Jun 2008 - Aug 2008
harvard.edu