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Largest U.S. venture capital deals in Q3
trueVice Media Inc. topped the list of largest U.S. venture capital investments during the third quarter of 2014. The firm raised $500 million in the third quarter – half from Technology Crossover Ventures and the other $250 million from A&E Networks.
Global, diversified managers in best position moving forward — report
trueImprovements in technology and regulatory reform have made geographical constraints even less of an issue in terms of capital management, resulting in the asset management industry becoming more global, a recent report by Goldman Sachs said.
HealthCare Royalty Partners closes 3rd fund at $1.5 billion
trueHealthCare Royalty Partners announced Monday the closing of HealthCare Royalty Partners III at its $1.5 billion hard cap, said a spokeswoman for the health-care investment firm.
Venture capital activity down in 3rd quarter, up from 2013 — reports
trueVenture capital firms invested $9.9 billion in 1,023 deals in the third quarter of 2014, down 9% in number of deals and down 27% in dollars from $13.5 billion invested in 1,129 deals in the second quarter, said the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital ...
Austin Police narrows hedge fund-of-funds search to 2 finalists
trueAustin (Texas) Police Retirement System named two finalists in its search for a hedge fund-of-funds manager to run approximately $30 million, said Sampson Jordan, CEO of the $622 million pension fund, in an e-mail.
Florida SBA sells private equity stakes to Partners Group
trueFlorida State Board of Administration, Tallahassee, sold its stakes in eight limited partnerships in which it invested a combined €314.8 million ($401.5 million) in European private equity, John Kuczwanski, FSBA communications manager, said in an e-mailed response to questions.
Louisiana Firefighters puts $15 million in buyout fund
trueLouisiana Firefighters’ Retirement System, Baton Rouge, committed $15 million to CCMP Capital Investors III, a buyout fund managed by CCMP Capital Advisors, said recently released board meeting minutes.
University of Michigan earmarks $102 million; returns 18.8% in FY
trueUniversity of Michigan, Ann Arbor, committed a total of $101.8 million to five alternative investment funds and one co-investment opportunity, and also reported its fiscal year returns.
Virginia Retirement System commits $700 million to 3 managers
trueVirginia Retirement System, Richmond, committed $500 million to private equity and $200 million to real estate in recent weeks.
TCW expands alternatives marketing team
trueWilliam Lloyd has joined TCW Group as managing director and head of alternatives marketing and Joseph Quinn joined as head of alternative marketing, said company spokesman Doug Morris on Thursday.
SEC enforcement sets record in FY 2014
trueThe Securities and Exchange Commission filed a record 755 enforcement actions in fiscal year 2014 that led to $4.16 billion in disgorgement and penalties, according to preliminary figures released by the agency Thursday.
Blackstone's AUM up 15% for the year
trueBlackstone Group's assets under management totaled $284 billion as of Sept. 30, up 1.8% from $279 billion in the second quarter and up 15% from the previous year, the alternative investment firm reported Thursday.
Aviva Investors hires 2 for infrastructure team
trueVeronique Leroy was named head of infrastructure investment services at Aviva Investors, spokesman Steve Ainger said in an e-mail.
Largest venture capital funds raised in Q3
trueEighty-one U.S. venture capital funds raised $6.5 billion in the third quarter of 2014, according to Dow Jones VentureSource.
Texas Teachers is top private equity performer — report
trueTexas Teacher Retirement System had the best 10-year annualized private equity returns among public pension funds for the end of fiscal year 2013, a report from the Private Equity Growth Capital Council said.