Mark Boslet
The Colorado Public Employees’ Retirement Association has a venture portfolio in transition. Funds from CMEA Capital pulled back hard last year, while investment pools from Institutional Venture Partners, Longitude Capital Management and Technology Crossover Ventures lost ground, as well. Galen Partners V and Leapfrog Ventures II meanwhile saw nice gains in performance in 2012, and […]
The Indiana Public Retirement System has seen a nice upswing in cash distributions from venture funds minted during the early years of the past decade. But many funds from these difficult years of venture’s recovery still struggle to return invested capital. The observation comes from INPRS’ most recent portfolio report, which shows the money manager […]
The Indiana Public Retirement System has made solid, and diverse, fund choices in the past half-decade or so. This is plainly evident in the recent performance of its venture portfolio. The majority of its funds show gains on invested capital, several handsomely so, according to a recent portfolio report. Of those that don’t, many aren’t […]
Venture capitalists have found funds from the late bubble years and their aftermath particularly vexing for making the most of troubled investments. This is reflected in the Pennsylvania Public School Employees’ Retirement System’s portfolio from the period. The pension manager’s 11 funds from 1999, 2000 and 2001 have struggled as a group. But they have […]
The Pennsylvania Public School Employees’ Retirement System has seen mixed results over the past decade from its venture capital investments. Better days may be ahead. The portfolio made significant gains last year, with impressive advances in funds from LLR Partners, Psilos Group, Cross Atlantic Capital Partners and Aisling Capital. The pension manager holds 17 venture […]
That venture funds from the early years of the first decade of the 21st century continue to struggle is not new news. When they excel, it is. The California State Teachers’ Retirement System has 17 venture funds with vintages of 1999 to 2003. Not surprising, more are in the red than above water. But several […]
For partners interested in adding a new LP to the roster, pay attention to this: The California State Teachers’ Retirement System added six new venture funds to its portfolio during 2011 and 2012. On the list are funds from Sofinnova Ventures, Craton Equity Partners, GGV Capital, Shasta Ventures and New Enterprise Associates. Perhaps the expansion […]
The University of California’s mid-decade ventures funds turned in a mixed performance over the past year. The portfolio of 33 funds with vintages of 2003 to 2006 by and large has solid performers, according to a portfolio report updating fund performance to December 2012. A total of 22 funds, or about two-thirds of the holdings, […]
The University of California’s venture capital portfolio made solid progress last year with a substantial majority of its recent vintage funds posting solid gains and several showing stand out performance. Among the funds with the biggest gains were Arch Venture Fund VII, Bessemer Venture Partners VII Institutional and Updata Venture Partners IV, all from 2007 […]
The Oklahoma Police Pension & Retirement System’s venture portfolio favors largely mid-sized funds with FirstMark Capital and Weathergage Venture Capital as top managers. The portfolio’s overall size is modest and so is its performance. The 11-fund portfolio includes vintages 1999 to 2011, according to a recent portfolio report. Several funds are standouts. FirstMark IV, which […]