Investor Breakfast at Kämp: How Marc Andreessen’s LP Arm Picked 200 Emerging Managers from 2,500+
Before Slush Investor Day takes over, join us and group of LPs and a few GPs, for breakfast and a rare look inside one of the most prolific emerging manager programmes in the world.
For four years, Jonathan “JT” Esquibel ran Marc Andreessen’s personal LP investing arm, focused on emerging managers globally. JT and Marc evaluated 2,500 managers and backed 200 of them. Those tickets gave indirect exposure to companies like Cursor, which exited to SpaceX for $60B, Ramp, now valued at $44B, and dozens of other breakout companies.
In his keynote, JT will walk through how the process actually works: what they look for, what makes them say no, and what he learned evaluating managers alongside Marc Andreessen, the Silicon Valley legend and co-founder of Andreessen Horowitz (a16z).
Programme
8:00 Breakfast and coffee
9:00 Keynote: JT Esquibel
9:30 More coffee
10:00 Close
And yes, we guarantee it is the best breakfast in Helsinki.
About the hosts & speaker
Icebreaker is a Nordic-Baltic venture capital firm backing technology founders from day one. Our Fund I (2017) was priced at 3x net 20% net IRR in a secondary in 2025. We’re now raising €300M for Icebreaker Centaur to back selected portfolio companies from Series B onwards, such as ReOrbit (SpaceDefence) and Hoxhunt (Cyber), using the pro-rata rights our earlier funds already hold.
Hersir Ventures is a Nordic venture capital firm that invests deal by deal as syndicate lead, through SPVs, in early-stage tech-driven startups across the Nordics and Europe. Its portfolio includes Hosted.ai and Lightbringer.
JT Esquibel runs Hydra, a concentrated emerging manager fund of funds that anchors small, pre-consensus funds poised to 10x+ and compounds capital into their breakout winners, while also passing those winners to its LPs as co-investments.
Seats are limited, and the audience is curated for LPs and a few GPs.
We look forward to seeing you at Kämp.
Icebreaker.vc