Venture capital

Venture capital deal pace slows in third quarter, but value on track to surpass 2016 — report

VENTURE CAPITAL -

VENTURE CAPITAL -

Venture capital firms are investing more money in fewer companies, closing 1,699 deals worth a combined $21.5 billion in the third quarter.

Searches and Hires -

Searches and Hires -

Texas Teacher Retirement System commits $1.05 billion to five private investment funds
Preqin: Private markets funds raise big money in third quarter, but vary among strategies

Alternatives -

Alternatives -

Private market deals in the third quarter saw continued momentum, although overall results were mixed when compared to previous quarters.
Private equity investors putting money with existing managers at highest clip — Callan

Private Equity -

Private Equity -

Private equity investors are increasingly making new commitments to existing managers.

SEARCHES AND HIRES -

SEARCHES AND HIRES -

Alaska Permanent Fund Corp. allocated $115 million total on behalf of its private equity and growth opportunities portfolio.

SEARCHES AND HIRES -

SEARCHES AND HIRES -

Texas County & District Retirement System, Austin, committed $45 million to Institutional Venture Partners XVI.
Institutional Venture Partners closes largest fund to date at $1.5 billion

VENTURE CAPITAL -

VENTURE CAPITAL -

Institutional Venture Partners closed its venture capital fund Institutional Venture Partners XVI at $1.5 billion.

SEARCHES AND HIRES -

SEARCHES AND HIRES -

CalSTRS made 16 commitments to private equity and venture capital funds totaling more than $3.2 billion in the six-month period ended June 30.
National Venture Capital Association files lawsuit against delaying foreign-born entrepreneur rule

Courts -

Courts -

The National Venture Capital Association is leading a lawsuit against the Trump administration on the delay of a foreign-born entrepreneur rule.

SEARCHES AND HIRES -

SEARCHES AND HIRES -

Michigan Retirement Systems committed $1.1 billion to 12 alternative strategies in the second quarter.

ALTERNATIVES -

ALTERNATIVES -

Some firms are breaking from the SaaS-hungry pack and investing in companies that don't yet have a subscription model.
Recurring-revenue companies the new darling for private equity firms, investors

Alternatives -

Alternatives -

Venture capital and private equity managers love subscriptions, but there are pitfalls investing in companies with recurring-fee models.
Preqin: Asia shines in record quarter for venture capital deals; fundraising, exits lag

VENTURE CAPITAL -

VENTURE CAPITAL -

Venture capital funds put a record $47 billion to work in the quarter ended June 30, with Asia accounting for almost half of deal value.

SEARCHES AND HIRES -

SEARCHES AND HIRES -

Texas County & District makes second commitment to China venture capital manager.
Venture capital firms waiting for their UBER payout
To date, $18.8 billion has been invested in Uber Technologies Inc., $16.1 billion of which has come from various venture capital firms and other institutional investors.