News

Orange County Employees Retirement System, the City of San Jose Retirement System and UK pension fund Railpen are among the LPs betting on a new firm that wants to buy stakes in 15 to 20 VC management companies.

Collective Global says it plans to invest in 15-20 venture managers in the US and Europe and has already agreed to acquire a stake in a "leading venture firm that invests in market-defining companies across technology and artificial intelligence."

Peter Cashion, managing investment director for sustainable investments, will present the plan, which includes another $53bn for climate solutions investments, 10 more sustainability staff, scenarios analyses and options for divestment.

'We’re going to see asking investors to be more patient, to not call capital, to extend the life of that fund and really slowly deploy capital until we see start seeing more returns,' says Jackie Spencer of SVB.

A new survey from Goldman Sachs Asset Management found that 48 percent of LPs plan to increase their allocations to secondaries.

By partnering with multiple technical universities and engaging corporations seeking to innovate, the Brussels firm plans to fast-track commercialization of new technologies.

During Musicco's brief tenure, CalPERS substantially boosted its investment in venture capital funds as part of a larger effort by the CIO to grow private market exposure.

Sapphire Partners will assume investment management responsibilities of five of CalSTRS' existing new and next-generation manager funds.

The annual gathering of Black and Latinx entrepreneurs and investors offered practical advice for fundraising outreach to limited partners.

Local energy companies Devon, Williams and Oneok are founding partners of an incubator and venture fund aimed at jumpstarting an innovation economy in Oklahoma’s second largest metro area.