Managers

A decade in, blockchain and cryptocurrencies remain a source of confusion

RRE Ventures collects $218.75 mln for seventh fund

RRE Ventures has raised $218.75 million for its seventh fund, according to an SEC filing. The target is $250 million. The New York-based venture firm backs software, internet and communications companies.

Causeway Media Partners raises $211.3 mln for sophomore fund

Causeway Media Partners has closed its second fund at $211.3 million, beating its $175 million target. The venture firm invests in sports media and sports tech-related companies.

For portfolio firms, wording of token-offering pitches is critical: DLA's Radcliffe

Khosla takes beach-access suit to U.S. Supreme Court

MPM Capital to raise $400 mln venture fund

MPM Capital has set out to raise a $400 million venture fund, according to a filing with the SEC.

UC Berkeley's startup accelerator SkyDeck raises $24 mln for fund

SkyDeck, UC Berkeley’s startup accelerator, has closed its new oversubscribed fund at $24 million. The investors included Sequoia Capital and Mayfair Venture Capital.

OMERS increases assets to $95 bln with 2017 11.5 pct return

Ontario Municipal Employees Retirement System (OMERS) reported a net investment return of 11.5 percent last year, compared to a benchmark of 7.3 percent, and a net return of 10.3 percent in 2016. Investments, which generated close to $10 billion of net income, helped grow OMERS' net assets to $95 billion at the end of December, compared with $85 billion a year ago. Among OMERS' private asset classes, private equity investments returned 11.1 percent in 2017, down from the year before, while infrastructure investments returned 12.3 percent, which is up. The Toronto-based pension fund will issue its 2017 annual report in March.

PE exits jump to decade high

Pioneer Fund to raise a venture capital fund

The Pioneer Fund has set out to raise a venture capital fund, according to a filing with the SEC.