Managed with Evercore, the HighVista deal drew more than 40 potential bidders and reinforces the Boston investment firm’s expanding presence in the secondary market.
Pension funds and insurers – as well as GPs – are revising documentation to permit investment into assets that are off limits for many.
Foundations, particularly large private organizations with more PE and VC in portfolios, show mixed results in a new survey by Commonfund OCIO’s research division.
Valerie Red-Horse Mohl reasons that the shorter investment turnarounds in venture capital could help increase liquidity for New York City's pension funds.
Brio, Sydecar, Vantager and Vessel promise to make fundraising faster and simpler for GPs and LPs. We spoke to each of them to learn more about their offerings, how much they charge and what sets them apart from each other.
Founders include Christian Dorffer, former managing partner of Sweet Capital, and Lars Rasmussen, who co-founded a mapping technology company that turned into Google Maps.
Simpson will oversee GEM's venture capital investment diligence, manager relationships and portfolio construction.
Rolling investors into the new fund include Partners Group, HighVista Strategies, Committed Advisors and Hollyport Capital, according to a statement.
With new OCIO Cynosure Group at the helm, the university's foundation will be adding venture managers they can rely on 'to make the right call,' instead of chasing particular verticals.
The board's investment adviser is recommending that it invest up to $175m to Menlo Ventures XVII and up to $225m to Menlo Inflection IV.