The market for sub-$100m LP stakes is underserved by intermediaries, says Tap chief executive Jeff Leathers
LP turnover has long been a challenge for many institutions, especially on the public side, as the loss of a veteran leader can disrupt the knowledge and plans of the portfolio built under his or her tenure.
Since its founding in 1994, Fairview Capital has deployed 12 venture capital funds of funds and has invested in more than 200 venture funds.
Pelion Ventures VIII, which is targeting $250m, has closed on about $146m from 22 investors.
Coral Gables Retirement System, which manages about $433 million, set a target to PE of between 3 percent and 5 percent.
Delegates at the HKVCA’s China Private Equity Summit on Tuesday heard that being an APAC or China-based investor was no longer necessarily a boon when accessing overseas investment opportunities.
If bids come in at a steep discount, some LPs are ready to use that data point to question other VCs invested in the same assets about their valuations and why they are not writing them down.
Dana Johns previously served as a senior portfolio manager on Maryland’s private equity team.
Alaska Permanent Fund, which has committed to seven venture funds this year, will lower its private equity target and embark on a reduced pacing plan for FY 2024.
A new report shows GPs and LPs have sharply different views as to the 'most pressing issues that GPs are currently facing.'