TIAA-CREF and ABP are among those backing a private equity fund being billed as the largest ever dedicated to microfinance.
The state pension plan has made commitments to five private equity funds, in line with increased private equity allocation targets.
The San Diego-based venture firm has more than doubled the size of its previous fund, as well as its team, thanks in part to returning LPs like Harvard, AlpInvest and Paul Capital.
The institutional investor has made $40 million in direct private equity fund commitments, as it marks its second year investing in the asset class.
South Korea’s National Pension Service has sparked off a fundraising drive for buyouts in South Korea shortly after US buyout firm Lone Star was found guilty of stock price manipulation in the country.
CDC has announced a round of Latin American commitments as it reportedly prepares to launch a $150 million venture fund of funds targeting India.
The US bank has recruited the team of Asia Pacific-focused firm TVG Capital Partners, becoming the latest bank to increase its direct investment role in the region.
The firm has set off on the fundraising trail having doubled the amount of money it plans to invest in Africa.
Following closure of a $500 million fund that took ‘a few weeks’ to raise, the Silicon Valley venture firm has added four seasoned tech executives to its team.
Year-end 2007 data shows that increased investment in later stage deals drove growth in the US and European VC markets, whereas Israel’s most active firms focussed on seed-stage investments.