Rebecca Szkutak
The firm targeted $50mn to $75mn for its third vehicle.
Cambridge Associates recommends family offices to have a venture allocation of 15% to 20% and believes venture offers family offices a way to make money to pass down for years to come.
The firm, celebrating its 20th anniversary in February, has been a consistent leader in the Israeli VC market since its founding, raising more than $1bn across five funds.
The UK venture market saw a record amount of funding during 2019 after a 31 percent, $3.9 billion, increase over 2018.
The Lord Mayor of London wants to foster increased relationships between the two markets.
LAFPP continues to dive further into venture, investing $27.5m across two vehicles for Acrew and Canvas.
The State of Michigan Retirement Systems made two $25m re-up commitments to new funds from existing partnerships.
As consumer behavior shifts toward more sustainable products, investors are also finding that the sector pays dividends.
The pension system allocated to three of the firm's vehicles.
More than one-third of the list features female professionals and individuals of color.