Investors

Analysis by the Colibrí Institute of nearly 2,500 VC funds raised between 2000 and 2024 found that emerging managers outperformed established managers in DPI, IRR and TVPI.

Pricing on VC secondaries is less attractive now, says Schroders Capital venture chief Steven Yang. He is also warier on certain segments of AI tech.

The investor is seeking additionality with its 10% impact allocation, and wants to 'further grow new or undersupplied capital markets'.

The firm has staked 100% of its carried interest entitlement to the achievement of its portfolio companies' impact objectives.

Limited partners in previous funds include Powder Mill Foundation, Albuquerque Community Foundation, Ball Brothers Foundation and Berkshire Taconic Community Foundation.

The largest known VC fund commitment in 2025 was $225m – 38% less than the biggest known commitment of the previous year.

Investment from new wealth management clients at parent company Northern Trust has enabled the private equity group to continue to raise new funds of funds amid liquidity challenges.

Several US endowments undergoing a venture program ramp-up are enjoying flexibility, access and the potential for a market turnaround.

General partner Steve Vassallo explains how Foundation's laser focus on early-stage has generated big exits from investments in Solana, Venafi and ForgeRock.

Higher percentages of funds with 2020 and 2021 vintages began to generate DPI for the first time in the past year.