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How Summit Peak turned endowment relationships into an early-stage fund of funds

Apurva Mehta and Patrick O'Connor built a top-performing emerging manager VC portfolio while they were co-CIOs of a hospital endowment in Texas. Two years ago, they converted those partnerships into an FoF.

3 min read · 04 November 2020

LP roundup: Tech and software funds are the soup du jour for venture LPs

Pensions, sovereign wealth funds and universities alike announced more than $320m worth of commitments to the sector in Europe and the US.

2 min read · 02 November 2020

Diplomacy changes in the Middle East benefit VC in the region and beyond

The Abraham Accords normalized relations between the UAE and Israel, and investors in the Middle East are optimistic about the opportunities it brings.

4 min read · 29 October 2020

The Global Public Offering Fund finds success going against the grain

The frim has found success and a solid LP following of family offices and high-net-worth individuals for its strategy to take US companies public earlier.

3 min read · 26 October 2020

LP roundup: Pensions go all in, as some surpass 2019 commitment totals

LPs nationwide announced more than $297m of recent venture commitments into new funds from Khosla Ventures and OrbiMed Advisors, among others.

2 min read · 22 October 2020

A New Zealand LP dips its toe into venture and anchors a local fund

Kiwi Invest CIO Simon O'Grady talks about why the pension scheme is entering the asset class and why backing a tech investor was the right choice.

3 min read · 14 October 2020

How Foundry Group expands its network by backing emerging managers

Since launching its formal LP effort in 2016, Boulder, Colorado-based Foundry Group firm has backed dozens of emerging managers. These relationships have also helped the firm zero in on direct investments.

3 min read · 05 October 2020

Sovereign LPs find an avenue into venture through seeded funds

These investors have poured capital into 1,100 VC funds since 2010 and some like Temasek have helped found and anchor managers.

5 min read · 28 September 2020

Friday Letter: Invitation to participate in LP Perspectives 2021

It's time for the ninth annual deep dive survey of LPs. Your responses are anonymous and your participation in the study is greatly appreciated. Plus, it supports a good cause.

2 min read · 25 September 2020

LPs rush to use new tool to measure GP diversity

Greenspring Associates joins CalPERS and NY Common in using software developed by Lenox Park Solutions to measure diversity of fund managers and portfolio companies.

4 min read · 24 September 2020

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