Lawrence Aragon
Funds of fund manager confirms it is raising a venture fund, but won’t give details
California pension system commits $150M to both Leading Edge Investment Advisors and Quotient Investors
Secondary firms are kind of like the Betty Ford Centers of the venture business. Ask a VC what he thinks about them, and he’ll typically say they provide a much needed service, but he has never actually needed to use such a service himself. Right, just like Amy Winehouse has never gone to rehab. The […]
The California Public Employees’ Retirement System added $350 million to its emerging managers investment allocation in February, as it announced that it backed fund of funds FIS Group and public equity investor Redwood Investment Management. The state pension fund defines an emerging manager as a firm with less than $2 billion of total assets under […]
Cisco Systems is stretching its venture network into Eastern Europe. In November, the San Jose, Calif.-based networking giant launched a new technology fund in partnership with Eastern European private equity firm 3TS Capital Partners. Called 3TS-Cisco Growth Fund III, the fund will invest across Central and Eastern Europe, focusing on technology, media and communications. It […]
Early stage firm's latest fund is $120M bigger than its previous one
The Atlantic province of Nova Scotia has traditionally been better known for seafood rather than software. But with the fishing industry enmeshed in a prolonged downturn, economic development types have pinned their hopes for the region’s future prosperity on its lower profile techie side. The province is home to fewer than a million people, but […]
Vancouver and Toronto stand out as central hubs for cleantech investing, though venture-backed startups are clustered in metropolitan areas nationwide. Vancouver, which is the home base of hydrogen fuel cell developer Ballard Power Systems, has attracted many startups specializing in alternative battery technologies. Vancouver, the Canada’s largest metro area on the West Coast, is also […]
The strength of the country’s dollar is messing with VCs, effecting stage allocations, portfolio valuations and a firm’s ability to syndicate.
$500M fund is the largest pool raised for biofuel investments.