Mark Boslet
Union Square Ventures and Morgenthaler Ventures both have three funds each in the state pension fund’s top 10
Of the 52 venture funds in the Penn SERS portfolio, only JMI Equity Fund V has returned more than invested capital; another five funds have returned more than half of capital contributed
Eight years after founding his early-stage venture firm, the longtime 3Com CEO has begun looking for late-stage Russian deals
The city pension fund has several big winners, including Spark Capital, which boasts a net IRR of 57.74%, as of June 2012
500 Startups has been making a big hurrah about three planned February demo days for its 5th batch of 32 accelerator companies. The events are planned for the East and West coasts. BTW, there is a live stream.
Overall, the vast majority of limited partners say they expect to maintain or increase their allocations to private equity in 2013, according to a new survey from Preqin. The exact number is 76%. However, expectations appear less sanguine than a year ago.
Mardil Medical said it raised $6.125 million in a deal led by the Agensi Inovasi Malaysia, the national innovation agency of the Malaysian government. The Minnesota company said the agency viewed the transaction as a "strategic investment anticipated to help expand Malaysia’s technology footprint."
During the year, 2,277 private tech companies were acquired globally, according to a study from CB Insights. While most of the deals were relatively small, or completed without a disclosed transaction value, eight of the companies were purchased for more than $1 billion.
Venture capitalists in most regions of the country put less money to work in 2012 than 2011. Not in the Pacific Northwest. There, money dispatched to emerging companies rose a startling 35%.
Venture investing in Europe dropped significantly in the fourth quarter as M&A activity continued at a slow pace in the continent's soft economy. Capital deployed during the final three months of the year decreased 26% from a year earlier and deal volume slumped 22%, according to Dow Jones VentureSource.