News

FoF strategy paying off (mostly) for Oregon: VCJ

Almost half of the top 15 funds in the Oregon Public Employees Retirement Fund portfolio are funds of funds, Venture Capital Journal reports, a pretty impressive batting average.

U.S. Venture Partners raising new fund for first time in six years

Silicon Valley firm is seeking $275 million for a planned Fund XI

Fund performance: FoF strategy paying off (mostly) for Oregon

Oregon PERS has more than 40 percent of its mid decade portfolio in funds of funds

BDC SME clients top 30,000, bank deploys more to VC, growth capital

The Business Development Bank of Canada (BDC) has announced that it experienced a 6.7 percent increase in the number of Canadian small and medium-sized enterprises it serves as clients in fiscal 2014. These clients now total more than 30,000. According to the bank's 2014 annual report, it also committed around $862 million to the venture capital market, which is up from around $822 million in fiscal 2013. BDC's subordinate financing group, now known as growth and transition capital, also reflected a portfolio of $601 million in fiscal 2014, up from $566 million the year before.

Rep. Polis: Congress’s ambassador for innovation

The Internet entrepreneur-turned politician is championing the startup ecosystem in Colorado and coast to coast

Alibaba IPO prices at top of range, raising $21.8 billion: Reuters

Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday, in the latest sign of strong investor appetite for the Chinese e-commerce juggernaut, Reuters reported.

VCs ponder optimal time to 'date' a founder

No one wants a shotgun wedding over a term sheet, so it’s advisable to take a few weeks to get to know one another

KKR leads $35 mln round for security firm Ping Identity

KKR has led a $35 million funding round for Denver-based security firm Ping Identity, raising the firm's total tally to $110 million.

The remarkably busy life of Jim Breyer: VCJ

There’s something to be said for sticking with a job. It certainly has worked out for Jim Breyer, who joined Accel Partners as a newly minted MBA graduate in 1987. It was a good call, Venture Capital Journal reports.

Venture legal voice Sarah Reed to join MPM Capital from Charles River

Led the development of NVCA’s model legal documents for venture financing