LPs

The Miami-based firm aims to bring more private clients into VC through its listed, tradable security.

If a silver lining is to be found in the dark cloud of Q1 fundraising, it may be in the success of venture funds focused on investments to combat climate change.

California Public Employees’ Retirement System, which is in the midst of overhauling its private equity program, will select consultants for its general pension fund and several investment categories including private equity at an upcoming meeting.

Base10 has launched a new co-investment program to allow its LPs access to oversubscribed rounds it participates in through its Advancement Initiative growth funds.

Some investors have started to push back on GPs, but it appears they are hesitant to slam on the brakes for fear of missing out on strong returns down the road.

A well-established venture firm missing its fundraising target signals that some LPs are cutting back on their commitment sizes.

One of the challenges that has emerged as potential buyers explore an acquisition of SVB Financial’s fund of funds platform is continuing access to the top names in venture capital, say sources familiar with the process.

Three pensions that collectively manage assets of more than $600bn and actively invest in venture and buyout funds are calling on US state and federal policymakers to protect 'the freedom to invest responsibly' as the anti-ESG movement gains momentum.

SWEN’s Blue Ocean Fund is one of at least four funds that have collectively raised more than $400m to preserve ocean health.

Making up for several years of underinvestment in venture capital, the California Public Employees’ Retirement System committed more than $1.1bn to 15 venture vehicles last year.