Friday Letter

GPs and LPs that aren't investing in Europe are missing out on a big opportunity.

Funds investing in climate technology are getting lots of attention as the US government has enacted a new law that will spend a record amount on efforts to curb CO2 emissions.

The House is set to pass the Inflation Reduction Act after Democrats nixed their plan to close the so-called 'carried interest loophole,' but you can be certain this won’t the last we hear of the issue.

GPs and LPs are keeping a close eye on 409A filings and new financing rounds, which can reverberate in hundreds of funds, judging by two recent examples.

It has taken nearly a decade, but Jenny Rooke made the long journey from writing personal checks for one-off deals to starting Genoa Ventures and raising a second fund that is nearly three times bigger than her debut.

Maryland State Retirement and Pension System is not slowing down and is 'still investing on plan' with its PE program, which invests in venture, buyouts and growth funds, says senior portfolio manager Dana Johns.

Venture capitalists focused on women’s health are eager to confront the challenges women face now that abortion is no longer constitutionally protected.

Kotak Investment Advisors Ltd, the largest homegrown alternatives player in India, plans to raise a venture capital fund and a fund of funds.

Several recent events demonstrate that investors are looking for hard evidence from GPs making ESG claims.