Pensions
Valor Equity Partners Distributes $8.5B in SpaceX Equity to LPs
The venture capital firm, an early investor in the aerospace company, is its second-largest shareholder behind Elon Musk.
Tag: Venture Capital
Asset Allocation
UK Pension Giants Aim to Launch £1B Fund to Invest in British Tech Sector
Some of Britain’s largest pension providers will use the scale-up fund to boost domestic technology and science companies.
Manager Selection
Nest to Launch $267M Venture Capital Investing Sleeve With Schroders
The U.K. defined contribution pension scheme plans to grow its private markets allocation to 30% by 2030.
Opinion
Why the Best AI Investors Are Also Builders
Technology operatives who co-founded a VC firm explain how artificial intelligence is fundamentally changing the venture capital model.
Alternatives
Large Endowments Hold Steady With Private Market Allocations
Despite emerging headwinds for higher-education institutions, these long-term investors are staying true to what they know.
Asset Allocation
As Exits Slow, Venture Secondaries Tick Up
Venture capital stakes are being acquired at attractive discounts while uncertainty puts a pause on IPOs.
Corporate Moves
Ex-GIC Tech Boss Launches Inaugural VC Fund
Jeremy Kranz’s Sentinel Global has raised $213.5 million in committed capital.
Alternatives
Japan’s GPIF Urged to Boost Domestic PE, VC Investments.
Lawmakers are calling for financial reform to turn the country into an ‘asset management nation’ and attract more capital from home and abroad.
Asset Allocation
How Memorial Sloan Kettering Funds Its Cancer Fight
Under CIO Jason Klein, the celebrated hospital has leveraged its top-notch research and well-managed investments to produce still more breakthroughs.
Asset Allocation
Sovereign Wealth Funds Shift Into More Tech and Green Energy
The SWFs also are pushing more into real estate as valuations drop, report says.
Research
How AI Can Help Asset Managers Do Their Jobs
Digging up data, boosting productivity, divining client needs—these are among the benefits artificial intelligence can bring, per a BCG report.
Asset Allocation
Long-Lagging Venture Capital Shows Signs of Possible Turnaround
U.S. venture fund returns remain negative, but valuations are up and two recent high-profile VC-supported IPOs did well, a PitchBook report finds.
Risk
Private Capital Fundraising Tilts Toward the Big Guys
Slowdown in number of firms pulling in fresh money means more for the top 10 funds, Preqin says.
Asset Allocation
Private Capital Payouts Are Sub-Par, Hamilton Lane Charges
These alternative asset funds reduce distributions to investors amid high rates and recession jitters.
Asset Management Culture
More Diverse Managers Are Raising Venture and PE Funds at Fastest Pace, Research Finds
The number of women- and minority-owned private equity and venture capital firms in the US grew nearly 20% from 2022 to 2023.