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Justin Mitchell

“We are trying to find ways to … get venture capital investment back in our portfolio,” Chief Investment Officer Yu (Ben) Meng says at CalPERS’ Nov. 18 board meeting.
TorreyCove suggested the pension cut back, partly over fears of a coming market downturn and poor performance by some of its venture managers.
As of June 30, private equity had a one-year return of 16 percent and made up 20 percent of the endowment’s portfolio.
Oregon also announced it promoted Amanda Kingsbury from senior investment analyst for alternatives to investment officer in alternatives.
Christian Angermayer, despite having a $400 million family office, still considers himself an entrepreneur at heart. He started his first company, Ribopharma, while still in college, but quickly dropped out to build it up. Ribopharma merged with Alnylam Pharmaceuticals in 2003. Soon after, Angermayer sold his shares and became a wealthy man. “Technically, I am […]
Massachusetts Pension Reserves Investment Management Board added Sarah Zatoonian to its private equity team in June as an investment analyst.
California State Teachers’ Retirement System (CalSTRS) announced Tuesday it returned a net 6.8 percent on investments for the fiscal year ending June 30, slightly below its goal of 7 percent. It also reported its highest ever fund value at $236.9 billion. The pension fund’s three-year, 10-year and 25-year returns were above 7 percent, with the […]
• Why this is important: Clarim believes services for the affluent are a viable investment. • Previous Deals: Has backed RRE Ventures, Compound VC and Insight Ventures, among others. In the 1980s, Jim McCann made his fortune when he took his small floral business and branded it on a national level as 1-800-Flowers, making it one of the […]
Chaifetz Group is based in Chicago, on one of the seven floors in NBC Tower claimed by ComPsych, the employee-assistance-program provider founded by Richard Chaifetz and the source of the wealth this multibillion-dollar single-family office has managed and invested since it was founded in 2010. Ross Chaifetz, Richard’s son and director of venture capital at […]
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