A light-hearted session at the Impact Investor Global Summit was an opportunity for serious reflection on the direction of travel.
The $5bn pension has boosted its VC target to 4.5%, in addition to increasing its allocations to private equity and private debt.
Raising a sophomore fund can be even harder than closing on a debut fund. Successful fundraisers share the tricks of the trade.
The capital needed to grow category-leading companies up north is beyond the capacity of LPs in Canada, which could make fundraising by VC managers more difficult.
The fund of funds, which is targeting $750 million, expects to invest 70 percent of its capital in primary funds, including as many as 14 venture funds.
To address Europe's 'Series B Death Valley' for climate tech companies, World Fund has set aside €200m of its new €300m fund for follow-on investments in its best-performing companies.
New York State Common Retirement Fund has disclosed that it committed $150m to B Capital’s second opportunities fund, which closed on $754m in March.
Could a 'Total Portfolio Approach' model come to the nation's largest pension system?
CalPERS named Stephen Gilmore, formerly CIO of New Zealand Superannuation Fund, as its new chief investment officer.
“There's a lot of attention on DPI and… maybe the talk about it is driving managers to perhaps do things that probably aren't optimal from a long-term return perspective, but helpful in the short term to their LPs who want capital back,” says Allen Waldrop, PE director for Alaska Permanent Fund.