Alex Lynn
Vision Fund II launched in 2019 and failed to secure third-party commitments on the back of the underwhelming performance of its 2017-vintage predecessor.
The asset manager expects to raise multiple successors to its $276m Hamilton Lane Alliance Holdings I, according to the vehicle's chief executive Andrea Kramer.
The firm held a final close on its second venture fund last month with €650m, more than doubling the firepower of its 2016-vintage Fund I, says founder MingPo Cai.
Chris Lerner joined MSA Capital in October after nearly a decade at Eaton Partners, where he led the origination and execution of fundraises, secondaries and strategic advisory.
The initiative has 46 founding signatories, including venture firms .406 Ventures, ForgePoint Capital and Insight Partners as well as LPs, such as Teacher Retirement System of Texas and CPP Investments.
The UN Development Programme in Indonesia has selected 500 Startups to jointly launch an impact investing accelerator.
Neil Stanford, head of PE at the A$45bn superannuation fund, discusses the LP's push into Aussie VC and its aversion to large domestic buyouts.
Vulcan Capital, the multi-billion family office of late Microsoft co-founder Paul Allen, has about 5 percent of its portfolio invested in the region, says CIO Chris Orndorff.
The Japanese tech giant has received memorandums of understanding from the likes of Microsoft, Apple and Dai-ichi Life Insurance Company
New Zealand's government has proposed a NZ$300 mln fund of funds to back offshore and domestic venture capital managers.