Mark Boslet
Union Square Ventures has been able to boast of some of the top public IRRs in the past decade of the venture business, thanks to investments in Twitter, Tumblr and Zynga, among others. But IA Ventures, founded by Roger Ehrenberg, is giving it a run for its money. At least for now. IA Ventures Strategies […]
The performance of mid-decade venture funds drifted through much of last year, though several generated considerable distributions, if the University of Texas Investment Management Company’s portfolio is a guide. As many of UTIMCO’s venture funds with vintages of 2003 to 2006 advanced as declined, even as performance overall remained relatively upbeat, according to a November […]
Venture investing at the New Jersey Division of Investment swirls in controversy, but the performance of the pension fund’s venture portfolio has advanced. The money manager eked out small to modest gains in nearly all of its holdings through the second and third quarters of last year. At the top of the venture portfolio is […]
Last year was a good one for venture, but rarely does a venture capital portfolio improve as much as CalPERS’ Sacramento Private Equity Partners did. All but two of the 15 venture funds in the portfolio advanced during the year ended in June, more than half by giant leaps, according to a recent California Public […]
Nathan Sanders stepped into what was effectively a new position when he joined Technology Crossover Ventures as a general partner and head of investor relations in September. With today’s limited partner interested in scrutinizing not just a firm’s investment strategy, but the operating details of its portfolio, it was time for a change at the […]
Early-stage funds are driving the performance of venture investments in the California Public Employees’ Retirement System’s Golden State Investment Fund. The portfolio is managed by Hamilton Lane and focuses on opportunities in California. At the head of its venture investments is Claremont Creek Ventures’ second fund, followed closely by Upfront Ventures’ third fund. Another top […]
Cleantech funds have taken it on the chin over the past several years, first from the collapse of solar investments three years ago and then from a general chill in the sector. The struggle continues to be reflected in fund performance. Cleantech portfolios, such as the Clean Energy and Technology Fund at the California Public […]
Mid-life venture funds with vintages of 2007 and 2008 should by now be settling into their eventual IRRs. It isn’t always a pretty picture. This is true of a number of the funds in the California Public Employees’ Retirement System’s Capital Link portfolio. The portfolio holds several winners as well as funds showing significant improvement. […]
Emerging market funds might not seem like the obvious place for performance improvements given this year’s economic uncertainty in developing markets. But through the first quarter, they did just that. At least those venture-related holdings in the California Public Employees’ Retirement System’s 57 Stars Emerging Markets and EMAlternatives Investments portfolios. Almost three out of four […]
The California Public Employees’ Retirement System’s self-directed venture portfolio continues to show improvements in performance with funds from Asia Alternatives Management, Clarus Ventures and GGV Capital gaining ground. Aisling Capital III also advanced smartly during a recent reporting period. CalPERS has complained in recent years about venture performance and vowed to largely duck out of […]