LP News

Leader at Brown Advisory, which manages $12bn in assets for endowments and foundations, says LPs are anxious about a concentration of AI exposure in public markets and are leaning more heavily into venture this year to diversify high-growth assets.

LPs aren't happy with VC performance, but they aren’t cutting back on their commitment pace. Yet.

How to secure a commitment from the $11bn asset manager, which has invested more than $3.5bn in over 300 venture funds.

California pension expects distribution uptick in $8.7bn portfolio and potential rebound in PE and VC fundraising in 2026.

The sovereign wealth fund will commit up to $75m to a 'fund of one' to be managed by Greenoaks, after previously committing up to $75m to Greenoaks' sixth flagship fund.

The multi-strategy asset manager raised $270m for Fund XIV, surpassing its target of $200m.

Former PE head Joanna Rupp played a key role in building out the endowment's VC portfolio, which includes funds from Sequoia Capital, Pear VC, MFV Partners, Golden Venture Partners and Red Arts Capital.

The sovereign fund recently committed $690m to seven venture funds as part of its effort to bolster exposure to private assets following several years of record cash inflows from oil revenues.

The Alternatives Investing Center will help financial advisers navigate investment strategies within venture capital and other private asset classes, adding to other efforts to sharpen the investment firm’s focus on private markets.

CVs are gaining momentum in the VC industry as more venture firms use them to extend ownership of prized assets and generate liquidity for LPs.