China
The university endowment announced a $30 million commitment to GSR Ventures VII, its 10th commitment to a China-focused fund in the past three years.
The US's largest public pension has been considering various strategies to get back into VC. But the strategy unveiled last week is not likely to have a venture capital component.
The State of Michigan Retirement Systems committed $335 million to five funds in the first quarter of 2020.
Sacramento
The pension committed $20m to Summit Partners Venture Capital Fund V and saw its venture portfolio post a 21.27% return in Q4 2019.
LAFPP
The LA pension announced $40m of new commitments bringing its 2020 total to $67.5m, up from the $46m invested at this time in 2019.
Orange County
The organization invested in two funds managed by Mayfield and three vehicles operated by General Catalyst.
The latest commitments from Texas County and District Retirement System include DCVC Bio, Summit Partners Europe and Mayfield.
The sovereign wealth fund re-uped with Lightspeed, Index, Battery and Mayfield.
Michigan
The Midwestern university system has now committed nearly $360m to the venture asset class throughout 2019.
Lightspeed
The pension invested $32.5m into Lightspeed India Partners III and a Harpoon Ventures vehicle backed by Lightspeed.
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