Mark Boslet
Initial public offerings in the United States has begun to look up over the past 12 months, but venture capitalists around the world say IPOs here and in their home countries remain too subdued to support a healthy investment environment. The observation comes from the annual Global Venture Capital Survey conducted this spring by the […]
The Securities and Exchange Commission is expected to decide Wednesday how it plans to grant venture capital an exemption from Dodd-Frank Act registration requirements. The decision is part of a broad – and contentious – demand to have private equity firms and hedge funds register as investment advisors. Venture capitalists have objected to being lumped […]
Utimco pulled back from venture capital over the past several years, as did many LPs during this difficult period. The endowment that manages $23 billion in assets for the University of Texas and Texas A&M school systems made no new investments in 2009 and only three in each of 2008 and 2010. Even then, commitments […]
UTIMCO’s Austin, Texas, headquarters is only a short walk from the offices of Austin Ventures. It should come as no surprise, then, that the two organizations know one another. And know one another they do. UTIMCO has invested a total of $103 million in seven Austin Ventures funds, its second largest VC holding after Morgenthaler […]
Enphase Energy joined the list of top cleantech companies testing the IPO waters this year by filing for an IPO on Wednesday The company said in a S-1 registration statement submitted to the Securities and Exchange Commission that it plans to raise $100 million. A successful offering will benefit six venture investors with substantial stakes […]
UTIMCO is no slouch when it comes to venture capital. The endowment manages $23 billion in assets for the University of Texas and Texas A&M school systems and has 56 active venture funds in its portfolio. Its largest fund holding is Morgenthaler Ventures, which has been making VC investments for more than 40 years and […]
The University of Texas Investment Management Co. (UTIMCO) has been a private equity investor for 29 years. So, you might ask, what are its returns? We wondered the same thing, so we put in a Freedom of Information Act request to get its latest performance data. In aggregate, UTIMCO’s returns are as follows as of […]
Fundraising is up but so is capital scarcity and the gulf between success and failure
CRV Partner Izhar Armony manages his firm's bets on IP deals, and it's paying dividends
Reply agreed to pay $60 million in cash and stock for MerchantCircle, bringing a nice payday to backers Scale Venture Partners, Rustic Canyon Partners, Steamboat Ventures and IAC. The two companies expect substantial synergies as they combine their businesses and seek additional acquisitions. MerchantCircle runs an online network that allows local merchants to advertise and […]