The Biden administration’s sanctions on Russian dictator Vladimir Putin and his associates are narrow, but their implications for venture capital managers are broad.
Progress has been slow, but the venture industry has made some noteworthy gains in diversifying the companies that get funded and the teams that make investment decisions.
A look inside Bay Bridge Ventures, a firm with grand plans founded by an ex-CalPERS portfolio manager and two venture capitalists.
If CalPERS' new CIO wants to get the giant pension back into VC, she will find it challenging, says a veteran fund adviser, noting CalPERS has a 'reputation for being difficult to deal with.'
New York-based Black Opal Ventures, founded by Tara Bishop, is in market with a debut fund targeting $120m.
The firm, which spun out of New Enterprise Associates in 2018, raised two funds, including a special vehicle to buy portfolios being liquidated by other VC funds.
Virescent Ventures – 70 percent owned by CEFC executives – now manages CEFC’s A$200m venture allocation and is fundraising another A$200m.
The number of woman- and minority-owned venture capital and private equity firms grew 25 percent from 2020 to 2021, according to a new report from Fairview Capital.
Daniel Karp joins as the firm's fourth partner and brings experience in enterprise technology investing.
Chief executive Tim Hoerr says the venture firm’s first sector-focused vehicle came after encouragement from ag-related corporates and strong performance of agtech investments within past funds.