Lawrence Aragon
The sovereign wealth fund will commit up to $75m to a 'fund of one' to be managed by Greenoaks, after previously committing up to $75m to Greenoaks' sixth flagship fund.
Hans Swildens weighs in on Industry's sale to Goldman Sachs, who the most active sellers in the venture secondaries market are, the current NAV discount for venture assets and lots more.
Goldman Sachs' purchase of Industry Ventures and Hobe Mountain Capital's spin-out from David Rubenstein's family office are signs that the venture secondaries business is only going to grow.
VCs worldwide raised a combined $16.8bn, the lowest quarterly figure since Q4 2015, according to Venture Capital Journal research.
We are now accepting nominations for our seventh annual Rising Stars feature. Here's everything you need to know to make a nomination.
In an especially difficult fundraising market, we are working hard to bring you more LP perspectives, including insights from family offices, foundations, endowments and major asset managers.
The venture firm is targeting one-third of the amount it raised for its eighth fund three years ago.
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.
Sequoia is the largest shareholder in the Swedish company, which went public on the New York Stock Exchange on Wednesday.
Simpson will oversee GEM's venture capital investment diligence, manager relationships and portfolio construction.