Venture capital

Worcester Retirement looking for venture capital manager

Worcester (Mass.) Retirement System is searching for at least one venture capital manager, according to an RFP posted on the website of Meketa Investment Group, the $717 million pension fund's...

January 16, 2014 | 01:24 pm

LACERA goes with 2 Union Square Ventures funds

Los Angeles County Employees' Retirement Association, Pasadena, Calif., committed up to $10 million each to two Union Square Ventures' funds: USV Opportunity 2014 and USV 2014.

December 12, 2013 | 03:52 pm

San Francisco City & County chooses private equity, venture capital funds

San Francisco City & County Employees' Retirement System committed up to $50 million to Odyssey Investment Partners Fund V, a private equity fund.

December 12, 2013 | 03:35 pm

Texas County & District adds venture capital fund

Texas County & District Retirement System committed $50 million to late-stage technology venture capital fund TCV VIII.

November 27, 2013 | 02:28 pm

Texas County & District chooses health-care VC fund

Texas County & District Retirement System, Austin, committed $20 million to OrbiMed Private Investments V, a venture capital fund that invests globally in health-care companies.

November 07, 2013 | 02:08 pm

Ohio PERS commits $200 million, OKs allocation tweaks

Ohio Public Employees' Retirement System committed and invested about $200 million to two alternatives managers and approved a new long-term asset allocation.

October 18, 2013 | 02:01 pm

Oklahoma Police signs on with 3 alts managers

Oklahoma Police Pension & Retirement System, Oklahoma City, committed $20 million total to three alternatives managers.

October 18, 2013 | 12:32 pm

Fiduciary duty waivers of LPs may expose sponsors

Waivers of fiduciary duty have gone to extremes in recent limited partnership agreements.

October 14, 2013

Venture capital investment down but IPO/M&A exits rise, reports show

Venture capital investment activity was down slightly in the third quarter, according to Preqin. However, venture-backed IPO and M&A exit activity increased, according to a joint report from Thomson...

October 01, 2013 | 03:42 pm
Jobs Act IPOs need careful eye, some say

Jobs Act IPOs need careful eye, some say

Some industry experts are warning investors to remain cautious of a provision of the JOBS Act that allows companies with less than $1 billion in revenue to file for initial public offerings...

September 30, 2013

Arizona Public Safety commits $30 million to venture capital

Arizona Public Safety Personnel Retirement System committed up to $30 million to venture capital fund Mercury Fund III.

September 26, 2013 | 01:13 pm
Venture capital investors still see expansion and early stages as most attractive, but later-stage investments gaining favor

Venture capital investors still see expansion and early stages as most attractive, but later-stage investments gaining favor

KPMG released the results of its semi annual Venture Capital IPO Survey last week, and the majority of industry experts maintained their position from the outset of 2013 that expansion and early...

September 23, 2013 | 03:35 pm
New filings show IPO market's come back

New filings show IPO market's come back

Twitter Inc.'s disclosure last week that it had filed to go public was big news not because it was unexpected but because it is the latest indication of a resurgence in the IPO market.

September 18, 2013 | 11:52 am