Lawrence Aragon

The New York firm said its debut fund is anchored by an unnamed Ivy League endowment and its other LPs include Collaborative Fund and former Meta CTO Mike Schroepfer.

The nation's largest pension fund wants to grow VC from about 1.4 percent to 10 percent of its private equity portfolio.

Investors include AIG, Bank of America, Foundry Group, Investinor, JPMorgan, Stardust Equity and Union Square Ventures.

'The valuation environment is generally more rational now, even at the earliest stages, so it will be hard to justify a larger or even flat fund size, in most cases,' one LP tells Venture Capital Journal.

Boost Capital Partners invests in pre-seed and seed companies "building exceptional user experiences to solve real-life problems."

Paul Todd will help TTV Capital's portfolio companies grow and scale their businesses and advise the firm's partners on investment decisions.

Menlo is currently fundraising for its 16th flagship fund, which is targeting $500m and has secured commitments from the New Mexico State Investment Council and University of Alabama System.

SWaN & Legend, T. Rowe Price and Revolution Growth collectively own about 33.8m shares valued at nearly $1.5bn based on the closing price of $43.30.

Bicycle Capital has raised $440mn for its debut fund, anchored by Mubadala Investment Company and Claure Group – the family office of Bicycle's founder, Marcelo Claure, former COO of Softbank Group.

The Antler Elevate fund will provide scale-up capital from Series A onwards to early-stage companies that show compounding growth.