Private Equity
U.S. venture capital funds distributed US$6.3 billion to limited partners in the third quarter, marking a sharp gain from the prior quarter, according to a new report. However, capital calls continued to lag, with venture funds bringing in less than US$1 for every US$2 they gave back to limited partners. Those were findings of a new report from Cambridge Associates on venture and private equity fund performance. Overall, the report found, venture distributions rose 25%, boosted by a healthy exit environment and strong aftermarket performance for newly public companies.
2 min read · 18 March 2014
U.S. venture capital funds distributed US$6.3 billion to limited partners in the third quarter, marking a sharp gain from the prior quarter, according to a new report. However, capital calls continued to lag, with venture funds bringing in less than US$1 for every US$2 they gave back to limited partners. Those were findings of a new report from Cambridge Associates on venture and private equity fund performance. Overall, the report found, venture distributions rose 25%, boosted by a healthy exit environment and strong aftermarket performance for newly public companies.
2 min read · 18 March 2014
Members of the first cohort of issuers on crowdfunding platform SVX have raised $650,000 in commitments and investments since the launch of the platform on the Toronto Stock Exchange in September 2013. Among the successful issuers were Community Forward Fund, an arranger of financing for non-profits and charities, and Investeco, an environmental investment fund. Designed to facilitate financing for Ontario early-stage companies, non-profits and other ventures that aim to solve social and environmental challenges, SVX is sponsored by Canadian innovation hub MaRS Discovery District. It was profiled by peHUB Canada in July 2013.
3 min read · 18 March 2014
The Business Development Bank of Canada (BDC) is partnering with MaRS Discovery District's Centre for Impact Investing on an initiative to support Canadian entrepreneurs who are building social purpose businesses, and to strengthen the Canadian impact investing market. The initiative will see BDC support entrepreneurs in MaRS' Impact8 program, a social venture boot camp that aims to help social enterprises reach investment readiness and to provide financing for enterprises that are deemed investment-ready. BDC also will co-host four MaRS Impact Venture Fairs in major Canadian cities.
3 min read · 18 March 2014
Big gains from New Enterprise Associates, Meritech Capital Partners, OrbiMed Advisors and Column Group are driving the performance of CalPERS’ Sacramento Private Equity Partners venture portfolio, according to peHUB's affiliate publication, VCJ.
1 min read · 18 March 2014
CalPERS sees Sacramento PE Partners venture portfolio improve again
2 min read · 18 March 2014
Richard Hall, head of private equity at Teacher Retirement System of Texas, is taking over as head of private equity at Harvard Management Company, which runs Harvard's $32.7 billion endowment.
2 min read · 17 March 2014
The Post-Venture Capital Index climbs to 1098.36 at the end of February 2014, a 55.6 point climb from the month before.
1 min read · 17 March 2014
A total of 77 European companies raised $460.5 million in the month
2 min read · 16 March 2014
A new incubator/seed fund called Expa Capital has raised $50 million from a Who's Who of investors and company founders, including David Bonderman, Sir Richard Branson, Li Ka-Shing and Meg Whitman.
1 min read · 15 March 2014
