Adjacent began as an early solo-GP venture in 2019

The founder of Adjacent left Insight Partners in early 2019 after agreeing on a separation in 2018 and started Adjacent. At the time, operating as a solo GP was unusual, he said.

He said that, in his view, solo-GP funds became the majority of new funds in the prior year referenced. Through Adjacent, he has invested in about two dozen such funds and anchored a first solo-GP fund.

The founder also described Insight’s outbound sourcing model, in which analysts contacted companies by phone, email and other channels. He said the model still works; his own investments have included SaaS and consumer mobile companies at Point Nine and Insight.