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U.S. venture capital investment up 18% in first quarter
trueU.S. venture capital firms invested $10.7 billion in 862 companies in the first quarter, up 18% in capital invested but down 10% in the number of deals from the fourth quarter of 2013 when firms invested $9.1 billion in 956 companies.
Venture capital fundraising skyrockets in first quarter
trueVenture capital funds raised $8.9 billion in new commitments for 58 funds in the first quarter, surpassing the amount of capital raised in the fourth quarter of $4.9 billion for 53 funds and more than double the $4.4 billion raised in the first quarter of last year for 48 funds, according to data ...
Tennessee Consolidated commits to 3 venture capital funds
trueTennessee Consolidated Retirement System made three new venture capital commitments totaling $51.7 million.
LACERA earmarks $100 million for GGV Capital
trueLos Angeles County Employees’ Retirement Association, Pasadena, Calif., committed up to $100 million to venture capital fund GGV Capital V, wrote David Kushner, chief investment officer, in an e-mail.
Surprise! You invested in bitcoin
trueInstitutional investors are not huge fans of bitcoin, but some have exposure to the digital currency without necessarily knowing it.
New OMERS Ventures exec stays on track
trueOMERS Ventures, the venture capital arm of the C$65.1 billion (US$58.7 billion) Ontario Municipal Employees Retirement System, picked up a world-class athlete when it hired a new managing director this month.
Texas County & District moves with Lightspeed
trueTexas County & District Retirement System, Austin, made two commitments totaling $35 million to venture capital funds.
Private equity and venture capital top 15% for yearly returns, trail public markets
truePrivate equity returned 5.1% for the quarter and 17.2% for the year ended Sept. 30, while venture capital earned 6.5% and 15.1%, respectively, during the same time periods, mostly underperforming the public markets, according to data released Wednesday by Cambridge Associates.
New managing director joins OMERS Ventures
trueKent Thexton was named managing director at OMERS Ventures, the venture capital investment arm of the C$65.1 billion (US$58.9 billion) Ontario Municipal Employees Retirement System.
Wisconsin state board, alumni group hire general partner to lead venture capital fund
trueGreg Robinson was named general partner of 4490 Ventures, a newly formed venture capital fund created by the $101.3 billion State of Wisconsin Investment Board and the $2.5 billion Wisconsin Alumni Research Foundation that is focused on seed and early stage investments primarily in Wisconsin ...
Illinois Teachers makes nearly $1.5 billion in commitments
trueIllinois Teachers' Retirement System, Springfield, committed $1 billion total to five managers and allocated an additional $450 million total to four existing managers.
Massachusetts Housing hunts for venture capital manager
trueMassachusetts Housing Finance Agency Employees' Retirement System is searching for a manager to run $1 million to $2 million in a private equity venture capital strategy,.
Texas County & District lassos $30 million for DFJ fund
trueTexas County & District Retirement System, Austin, committed $30 million to DFJ Venture XI, an early-state venture capital fund managed by Draper Fisher Jurvetson, confirmed spokesman Russ Rhea.
Cambridge: Venture capital returns notch 6.5% in Q3
trueVenture capital returns earned 6.5% for the quarter and 15.1% for the year ended Sept. 30, according to the Cambridge Associates LLC U.S. Venture Capital index released Monday.
SEC charges Camelot managing director with stealing $9 million from investors
trueThe SEC on Thursday charged Lawrence E. Penn III, managing director at The Camelot Group, with stealing $9 million from investors in Camelot Acquisitions Secondary Opportunities, a venture capital fund, according to a news release from the Securities and Exchange Commission.