Franklin Templeton Investments related stories
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Axoni procures $32 mln Series BAxoni, a provider of enterprise blockchain technology, has closed $32 million in Series B funding. Goldman Sachs and Nyca Partners led the round with participation from other investors that included Andreessen Horowitz, Citi, Coatue Management, Digital Currency Group, F-Prime Capital, Franklin Templeton Investments, J.P. Morgan, NEX Group, Wells Fargo and Y Combinator.
- Precision BioScience snags $110 mln Series B
Durham, North Carolina-based Precision BioScience, a genome editing system provider, has raised $110 million in Series B financing. ArrowMark Partners led the round with participation from other investors that included Franklin Templeton Investments, Cowen Healthcare Investments, Brace Pharma Capital, Adage Capital Management, Cormorant Asset Management, Gilead Sciences, Vivo Capital, Alexandria Venture Investments, Ridgeback Capital, Agent Capital, Leerink Partners, venBio, F-Prime and Osage University Partners.
- Metacrine nabs $65 mln Series C
San Diego-based Metacrine, a developer of therapies for patients with liver, gastrointestinal and metabolic diseases, has raised $65 million in Series C financing. Venrock Healthcare Partners led the round with participation from other investors that included Franklin Templeton Investments, Deerfield Management, Arrowmark Partners, Invus, Lilly Asia Ventures, Vivo Capital, Arch Venture Partners, venBio, Polaris Partners, New Enterprise Associates and Alexandria Venture Investments.
CalPERS to launch directs programme – updatedThe programme – which will comprise two funds and launch in the first half of next year – could drive the fund's annual PE deployment to $13bn.
- CalPERS’ CIO exit is latest in executive departures
Ted Eliopoulos, who has been at the US's largest public pension for more than one decade, will step away by the start of 2019.
- LimeBike pedals ahead with $70 mln Series B extension led by Fifth Wall
San Mateo, California-based LimeBike, operator of a fleet of lime-green colored bicycles in a connected bikeshare program, announced today that it has raised an additional $70 million as part of a Series B extension. Fifth Wall Ventures led the extension, which included Rainbow Technology Co Ltd. The company previously announced a $50 million Series B round in October led by Coatue Management and including DCM Ventures, Andreessen Horowitz, AME Cloud Ventures, Franklin Templeton Investments, GGV Capital, Section 32 and the Stanford-StartX Fund and The Durant Company. With the Series B extension, LimeBike has now raised $132 million in funding to date.
- BondLink seals $10 mln Series A
Boston-based BondLink, a provider of software to issuers in the municipal bond market, has raised $10 million in Series A financing. Franklin Templeton Investments led the round with participation from Coatue. In conjunction with the funding, Robert Stevenson, vice president, portfolio manager and research analyst for Franklin Templeton Investments' Franklin Equity Group, will join BondLink's board of directors.
Tollette exits the CalPERS spotlightWylie Tollette’s tenure as COIO at the $340bn California pension fund has not been without controversy.
CalPERS names interim Chief Operating Investment OfficerCurrent COIO Wylie Tollette will depart in January 2018.
