Next-Gen Venture Club (Alumni Ventures)

The Next-Gen Venture Club is a cohort programme run by Alumni Ventures, the New Hampshire venture firm founded in 2014 by Mike Collins that invests alongside lead venture firms on behalf of individual investors. The website still calls it the NextGen Family Office Club; the Cohort 3 brochure issued in August 2026 uses the venture club name. The first cohort started in early 2026, a second followed, and the third opens in autumn 2026, with applications open at the time of review.

Who takes part

Each cohort is 20 to 25 people. The brochure describes them as next-generation members of family offices and family businesses from around the world, typically in their 20s to 40s, who want to build venture expertise and shape how their family invests. The website is narrower: second to eighth generation members of family offices in the US$500 million to US$2 billion range who are allocating capital or being prepared to. Alumni Ventures says the first two cohorts drew members from more than twelve countries across Europe, the Middle East, Asia and North America.

No investing experience is required. The brochure welcomes people with none as well as trained investors and says the programme is adjusted to each member's level.

How access works

You apply through a form on the Alumni Ventures site. The team reviews applications and invites selected candidates to a conversation with the club managers about fit and expectations. Expect to establish accredited investor status, which Alumni Ventures requires across its investing clubs, and note that the brochure states it is not intended for residents of the UK or Switzerland.

No membership fee is published. The website FAQ sets the financial expectation instead: no firm quota, but members are generally expected to invest six figures or more a year across the deals they take part in. The brochure says less, only that participation is typically meaningful and that individual amounts are not discussed within the cohort. Budget for the website figure.

What members get

The monthly Deal Drop is the core. Members receive a packet on a live Alumni Ventures deal, including the deck, terms, capitalisation table and metrics, then join a one-hour session in which a senior investor explains what convinced them and what gave them pause. Each member votes to invest or pass and, under the website format, writes a rationale within seven days. Every decision is individual. Around this sit sector deep dives with the investment team, portfolio founders and outside experts, and in-person gatherings with dinners and founder panels in cities such as Dubai, London, New York and San Francisco. The website puts the time cost at three to four hours a month.

Two points for diligence. Alumni Ventures runs the club and manages the vehicles members invest through, so the programme is a sales channel for its deal flow as well as an education course; investments are made under each fund's offering documents, so read the fee terms there before the first Deal Drop. The firm also settled an SEC investigation in April 2022 over how it described fees in marketing and documented loans between affiliated funds between 2016 and 2020; it admitted no wrongdoing and publishes a summary on its site.

For a family preparing the next generation to take investment responsibility, this is one of the most structured options in this directory: real deals, a decision every month, and peers of the same age in the same position. The six-figure annual expectation is the thing to settle before applying.