Private Equity
3 min read · 20 October 2011
After bringing you two slideshows that focused on the best-performing funds backed by the University of Texas Management Co., it’s time to “keep it real” by sharing the biggest losers. (PeHUB subscribers can see our two previous slideshows here: UTIMCO in 17 Active Funds with IRRs > 25%, Union Square, Other Early Stage Tech VCs Kick Ass for UTIMCO.) We took a look at returns for all of UTIMCO’s active funds and found 10 that were at least a decade old and had negative internal rates of return as of May 31. The university pension fund invested a total of $176.2 million in those vehicles. In return, UTIMCO has received cash distributions of just $55.7 million (or less than one-third of what it put in). And it has no hope ...
3 min read · 18 October 2011
4 min read · 12 October 2011
3 min read · 10 October 2011
3 min read · 07 October 2011
Steve Jobs was one of very few people who could be called a legend in his own time. The college dropout co-founded Apple in 1976 and grew it into the most valuable company in the world, inspiring countless entrepreneurs along the way. There are sure to be a litany of obituaries and stories about Jobs in the coming days, but we want to know what Jobs meant to you. Please share your thoughts and memories below.
3 min read · 06 October 2011
4 min read · 04 October 2011
4 min read · 30 September 2011
7 min read · 28 September 2011
2 min read · 27 September 2011
