A light-hearted session at the Impact Investor Global Summit was an opportunity for serious reflection on the direction of travel.
The new fund, backed by European Investment Fund, Ikea Foundation and Convex, among others, is one of four ocean-focused funds that have raised a combined $647m.
Publicly traded sports-oriented gaming and entertainment companies and owners of professional sports team owners are looking for stakes in the technology infrastructure being built to expand cross-sell opportunities.
LPs in TrueBridge's eighth fund of funds include the City of Tampa General Employees' Retirement Fund, Oklahoma Law Enforcement Retirement System, Oklahoma Police Pension and Retirement System, The Fire and Police Pension Association of Colorado, University of Houston System and University of New Hampshire Foundation.
Alex Gorsky has been named a general partner at Iconiq Growth.
A dozen climate-focused venture funds have raised a combined $3.5bn this year, according to Venture Capital Journal research.
The $5bn pension has boosted its VC target to 4.5%, in addition to increasing its allocations to private equity and private debt.
Pelican is targeting a return of 4x capital and plans to back between 20 and 30 companies across pre-seed, seed and Series A rounds.
The final rule applies not only to employment agreements but also to equity-based restrictive covenant agreements with employee equity holders, which would be thrown out unless they relate to a third-party sale.
Imec xpand, a Belgian venture capital firm focused on semiconductor investments, has closed its sophomore fund at €300m.