Texas pension invests in Norweigan fund; Dutch investors largely ignore local funds
INPRS venture portfolio show diversity and solid performance
Portfolio from the period shows mixed results, slow progress
Portfolio sees advances in funds from LLR Partners, Psilos Group, Cross Atlantic and Aisling
The $170 billion California State Teachers’ Retirement System, as part of a “subtle” shift to its long-term allocation targets, boosted the amount of money it plans to invest in private equity by 1 percentage point, to 13 percent of its overall portfolio, according to a news release. The increase translates to $1.7 billion, sister publication Buyouts reported.
Several standout funds overcame difficulties during the period
The California State Teachers’ Retirement System adds six new VC funds in 2011 and 2012; sees nice gains in Giza and Shasta funds
Two-thirds of the UC’s venture portfolio, with vintages from 2003 to 2006, have above-zero IRRs.
A total of 18 of the university’s 29 venture funds with vintages of 2007 to 2012 were in the black
The state pension fund reports that FirstMark Capital’s 2005 sports an impressive 3.22x multiple