Managers

Norwest joins lengthy list of firms with San Francisco digs

The City by the Bay has become a hotbed of venture activity, with more than 420 San Francisco-based startups pulling in nearly $9 billion in funding as of mid-October.

Kleiner doesn't have to share other complaints about former partner Nazre: court

(Reuters) - California's privacy laws have saved Kleiner Perkins from having to release potentially embarrassing information about a former partner in a discrimination lawsuit by a former female partner.

Breyer says battle for tech talent has grown fiercer because of Chinese Internet giants

Venture capitalist Jim Breyer, best known for leading Accel Partners's early investment in Facebook, said it has become much more difficult to recruit talent in Silicon Valley because of competition from large Chinese Internet companies.

Trinity, NEA, Polaris lead SFERS' venture portfolio: VCJ

The San Francisco Employees’ Retirement System sees broad gains in recent vintage funds; adds Battery, OrbiMed.

Emerald Technology Ventures to jointly run Swiss cleantech fund

Emerald Technology Ventures, which has offices in Toronto and Zurich, Switzerland, has jointly with South Pole Carbon won a mandate to manage the Swiss Technology Fund. The fund was formed by the Swiss government to extend loan guarantees to Swiss small businesses that are developing innovative technologies to reduce greenhouse gas emissions, support the use of renewable energy or conserve natural resources. Founded in 2000, Emerald is focused on investing in the areas of energy, water, advanced materials and industrial information technology.

Carmel Ventures closes fourth fund at $194 mln

Israeli venture firm Carmel Ventures has raised $194 million for its fourth fund. Among the pool's LPs are Baidu, Ping-An and Qihoo360. The fund's focus is on early-stage tech companies in sectors such as enterprise software, digital media, big data and cyber security.

Solutions for the VC gender gap must come from within

Erica Swallow, who rocked the VC industry earlier this year by writing candidly about “being a female in venture capital,” says it is time for practical solutions to fix the gender gap.

Good news for diabetics: Norwest leads Series C in Telcare for wireless glucose meters

Digital health company Telcare raised $32.5 million in a round led by Norwest Venture Partners to develop a glucose-monitoring system for people with diabetes.

Magic Leap raises $542 mln from Google, KKR, KPCB, Andreessen Horowitz and others

Google has led a $542 million round for Magic Leap, a Florida-based cinematic reality startup.

Fund performance: Small fund approach brings results to NY pension

Money manager sees strong gains with IVP, Aisling, JP Morgan funds