Kaitlyn Landgraf Bartley
OpenInvest wants to make it easier for investors’ dollars to go toward causes they care about, whether it’s reducing carbon emissions, increasing women in company leadership roles, or ensuring their investments don’t benefit tobacco or gun companies. The San Francisco company, a digital investment adviser for social impact investing, announced today it has raised a […]
Greycroft Partners has raised a $250 million fifth venture fund, according to regulatory paperwork. The New York-based firm is led by Dana Settle, Ian Sigalow, Matthew Parker, Mark Terbeek, and John Elton.
California Public Employees’ Retirement System in August will begin interviewing candidates to succeed Chief Investment Officer Ted Eliopoulos, with the aim of hiring a new CIO before year-end. Eliopoulos said in May that he would step away from the $356.5 billion pension fund this year as family reasons required him to relocate to the East Coast. […]
While it’s broadly true that deal count is dropping and equity invested is increasing in venture deals with U.S. based companies, that trend wasn’t true for all of the top business sectors that saw venture deals in June 2018. Overall, June saw 356 venture deals with U.S.-based companies, with total disclosed equity invested at $7.9 […]
The SEC ordered Sofinnova Ventures to pay a $120,000 penalty for violating pay-to-play laws, which prohibit investment advisers from providing paid services to government entities within two years of making contributions to elected officials or candidates who can influence the selection of investment advisers. Sofinnova offered a settlement, which the SEC accepted, the order says. The […]
U.S. venture investing in the first half continued the trend of consolidating capital into fewer and larger deals, the latest quarterly Venture Monitor report from PitchBook and the National Venture Capital Association shows. Venture firms invested $57.5 billion into 3,912 U.S.-based companies across 3,997 deals in the first half. If it continues at this pace, venture […]
Corporations, banks, universities, tech companies, venture-backed startups and individual inventors have been among the first applicants to the U.S. Patent and Trademark Office for patents on technology related to blockchain and cryptocurrency. But one group of applicants is largely absent from the early data. Initial-coin-offering issuers, which CoinDesk reports have raised nearly $14 billion of funding, account for just […]
Venture funds’ first-quarter investment multiples dipped from the record Q4 figures but stayed strong. That’s according to PE-software provider eFront’s report on first-quarter returns, risks and liquidity of venture funds, released this week. Venture funds recorded Q1 TVPI multiples of 1.45x, down from 1.49 in fourth-quarter 2017. At the same time, selection risks are dropping, […]
Andra Capital is hoping to raise $1 billion in its offering of Silicon Valley Coins, asset-backed security tokens that represent ownership interest in the Andra Fund, the firm announced on Monday. The fund plans to invest in late-stage private technology companies and early-stage blockchain companies. The San Francisco-based firm has already raised $500 million of […]
San Francisco-based Bullpen Capital has raised an oversubscribed $140 million fourth venture fund to continue its thesis of investing in companies at the post-seed stage. The firm is also introducing a one-time “playoff” fund to make pro-rata investments in portfolio companies from its first three funds. Fund IV, which was targeted at $125 million, closed […]