Private Equity

LP News

For endowments, the pressure is on

A recession fueled by an ongoing pandemic has universities facing critical budget woes. With endowments feeling the heat, VCs are on course to see a very different fundraising environment later this year or in 2021.

7 min read · 01 July 2020

Tennessee Consolidated accelerates its push into venture

TCRS' 2020 venture commitments are already more than 2.3x its 2019 allocation to the asset class.

2 min read · 01 July 2020

Volcker limits rolled back for VC fund investing by banks

The agreed upon rules are of value to banks because 'venture capital is incredibly hot right now,' according to Goodwin attorney Timothy Clark.

3 min read · 29 June 2020

New Mexico SIC doubles its 2020 commitments, backing Menlo Ventures' 15th flagship fund

The sovereign wealth fund committed $30m to the fund bringing its total venture commitments in 2020 up to $45m across three vehicles.

2 min read · 29 June 2020

University of Michigan bulks up China-focused VC portfolio

The university endowment announced a $30 million commitment to GSR Ventures VII, its 10th commitment to a China-focused fund in the past three years.

2 min read · 24 June 2020

Hopes fade for CalPERS to make big return to venture

The US's largest public pension has been considering various strategies to get back into VC. But the strategy unveiled last week is not likely to have a venture capital component.

3 min read · 24 June 2020

Michigan pension bets big on venture

The State of Michigan Retirement Systems committed $335 million to five funds in the first quarter of 2020.

2 min read · 22 June 2020

SCERS re-ups with Summit following strong overall VC performance

The pension committed $20m to Summit Partners Venture Capital Fund V and saw its venture portfolio post a 21.27% return in Q4 2019.

2 min read · 22 June 2020

LAFPP on track to match or surpass last year's VC commitment total

The LA pension announced $40m of new commitments bringing its 2020 total to $67.5m, up from the $46m invested at this time in 2019.

2 min read · 16 June 2020

OC pension commits $50m for its first VC allocations in six months

The organization invested in two funds managed by Mayfield and three vehicles operated by General Catalyst.

2 min read · 15 June 2020

Showing 71 to 80 of 134 results
1…79…14