Rebecca Szkutak
Investing in venture is all about risk. VCs gamble on the companies and industries they think will matter in the future. Apparently, though, women and minority-owned businesses are too big a bet. A recent survey of 200 U.S.-based VCs and diverse entrepreneurs by the Brunswick Group and Morgan Stanley found that while the majority of […]
U.S. funds are not the only star students in the venture class. A recent report from the British Business Bank found that the U.K. market’s venture performance regarding distribution and total value paid in, has been on par with the U.S. for more than a decade. For some vintage years, U.K. funds actually outperformed U.S. […]
Since 1988, Commonfund Capital has invested more than $5.4 billion in venture funds. It oversees around $4 billion in venture assets.
Manuel Henriquez, founder of venture debt shop Hercules Capital, will plead guilty for his involvement in the “varsity blues” college admissions scandal, according to the U.S. Attorney. Henriquez and his wife, Elizabeth, were both set to plead guilty on Oct. 21 to charges of conspiracy to commit mail and wire fraud, honest services mail and […]
Most recently, LA Fire and Police committed $15 million to Longitude Venture Partners IV; $5 million to Pear Ventures III; $15 million to Pelion Ventures VII; and $15 million to in Oak HC/FT III, which closed on $800 million in August.
Internet of Things (IoT) companies are seeing a surge in venture funding while fewer dollars flow into other top technology sectors. U.S.-based VC-backed companies raised $25.9 billion in Q3, down 15 percent from the second quarter, while deal activity fell 16 percent from Q2 to 1,304 transactions, according to a recent report from CB Insights […]
The California pension invested across four vehicles from new and existing manager relationships.
Worldwide, the video game industry is projected to bring in more than $152 billion in revenue this year and investors have taken notice
The Empire State's pension vehicle made a $15 million commitment to Primary Venture Partner’s Primary Select Fund I in August.
The numbers for the strategy aren’t favorable, but lenders remain positive