US

The public pension committed up to $40m to two funds managed by Spark Capital and is mulling commitments to two other VC funds.

The Nashville-based firm invests mostly in early-stage companies targeting marketplaces and e-commerce, edtech, fintech, sports tech, health IT and travel tech.

A new report argues that global AI use could generate around $600bn in annual economic value by 2028 across more than 40 climate and sustainability subsectors.

With Banco Santander as its sole limited partner since inception, the London-based VC firm is about to pursue institutional investors and multifamily offices across North and Latin America and Europe.

Anders Bendsen Spohr of Novo Holdings describes the need for various groups of investors to collaborate to fill an urgent funding gap.

The Dallas-based venture firm has made 13 investments from the new fund to date, spanning the space, defense and deep tech sectors.

Companies poised to meet data centers' demand for carbon-free power generation could bode well for other clean energy exits as investors pivot toward assets thought to be more resistant to AI disruption.

Family offices are becoming catalytic capital providers via direct investments, co-investments and thematic platforms, writes Steven Thayer of Ice Miller.

The $40bn AUM pension system committed a combined $30m to two funds managed by Eclipse Capital.

Limited partners in prior funds include Argyros Family Foundation and Oregon Growth Board.