Lawrence Aragon

CalPERS is already putting more money into VC and growth

CalPERS committed a combined $2.1 billion to 13 growth equity and VC funds in the third quarter of 2023, a new report shows.

B Capital racks up $750m for sophomore opportunities fund

B Capital was co-founded by Eduardo Saverin, co-founder of Facebook.

VC to gain from CalPERS' big push into private markets

To boost its private equity allocation from 13 percent to 17 percent, CalPERS plans to invest more heavily in venture capital and growth funds.

Altira Group raises half of target for energy tech fund

Altira Technology Fund VII was seeking to raise $200m and had been fundraising since January 2022.

Partners for Growth's venture debt fund gets big boost from Saudi LP

Jada Fund of Funds, a subsidiary of Saudi Arabia's Public Investment Fund, is investing $266m in the latest venture debt fund from Partners for Growth.

Lonsdale's 8VC taps White as executive partner

8VC, the $6bn venture firm co-founded by Palantir co-founder Joe Lonsdale, has named veteran tech executive Karen White as executive partner.

Ballistic has a blast with oversubscribed Fund II

Strong LP interest in cybersecurity helped Ballistic Ventures surpass the target for its sophomore fund in a challenging fundraising market.

LPs enjoy a little breathing room

Allen Waldrop of Alaska Permanent Fund says the fundraising slowdown has given LPs more time to evaluate managers and find those who will outperform the broader market.

NEA makes major AI hire, nabs Tretikov from Microsoft

Tretikov was promoted to deputy CTO of Microsoft in 2020 after serving as corporate VP for AI, Perception & Mixed Reality for the company.

ORI Capital wraps up sophomore life sciences fund at $260m

ORI Fund II will invest in early-stage biotech companies.