Funds from Union Square Ventures, IA Ventures and Morgenthaler Ventures head up a late-decade venture portfolio at the University of Texas Investment Management Company. The portfolio is made up of 2008 to 2011 vintages and favors smaller funds with an early or seed-stage approach to investing. Sixty percent of the funds are less than $200 […]
As a senior portfolio manager in private equity at Exelon Corp, Chrissie Pariso is a limited partner on a mission. Pariso has been frustrated that GPs and other LPs give the idea of diversity only lip service, particularly when it comes to women. Pariso for several years has been one of the only LPs who […]
Orange County Employees’ Retirement System plans to invest in more direct private equity funds, rather than through fund-of-fund vehicles, according to an investment presentation obtained by Buyouts Insider (publisher of VCJ). For the past decade, Orange County’s $14.5 billion system relied largely on funds-of-funds to build out its PE program, a report by Meketa Investment […]
Funds from Spark Capital, Foundry Group and ARCH Venture Partners top a mid-decade venture portfolio at the University of Texas Investment Management Company. The portfolio is made up of 2006 and 2007 vintage funds and favors mid-sized and smaller funds with an early-stage approach to investing. About a third of the funds are between $400 […]
Los Angeles County Employees Retirement Association’s private equity program last year cost 71 percent more than what the $52.5 billion retirement association previously reported, an external consultant report obtained by Buyouts Insider (publisher of VCJ) shows. The Aug. 9 report, prepared for LACERA by Pavilion Alternatives Group, found PE management fees, partnership expenses and “other fees and […]
New Mexico State Investment Council backed a 2018 fiscal year investment plan calling for roughly $600 million of new commitments to private equity, spokesman Charles Wollmann told Buyouts Insider (publisher of VCJ) in an email. The $22 billion sovereign-wealth fund plans to concentrate its typical commitment size, and reduce the number of funds to which it commits, […]
Funds from Union Square Ventures, Ampersand Ventures and Technology Crossover Ventures are at the head of a portfolio of maturing ventures funds at the University of Texas Investment Management Company. The portfolio is made up of 2003 to 2005 vintage funds and favors mid-sized capital pools with a mix of early and late-stage approaches to […]
Los Angeles County Employees Retirement Association at its August meeting committed roughly $390 million to three new private equity funds, which could bring its total commitments for the year north of $1 billion. Last week, the LACERA board of investments approved a commitment of up to $200 million to Onex Partners flagship buyout fund, along with up to […]
Funds from Battery Ventures, Union Square Ventures and Technology Crossover Ventures lead a late-decade portfolio of venture funds from Washington State Investment Board’s Pathway and Invesco holdings. The portfolio is made up of 2008 to 2010 vintage funds and favors mid-sized and larger capital pools with a multi-stage approach to investing. Nearly half of the […]
Teachers’ Retirement System of Louisiana might commit as much as $1.6 billion to private-market funds over the next year, up 14 percent from its allocation in the most recent fiscal year. The Louisiana Teachers’ board, which elected to move forward with the FY 2018 investment plan earlier this month, plans to commit as much as $550 million to buyout […]