Venture Capital Journal’s debut ranking of the 40 Rising Stars under 40 in the global venture community shows the up and comers are a diverse lot. Compiled and adjudicated by Marina Temkin, Rebecca Szkutak, Lawrence Aragon and Alastair Goldfisher.
At a turbulent time for the industry, LP opinions are more important than ever. Here are the charts from Private Equity International’s Perspectives Survey that reveal what they think of today’s major talking points.
Rap mogul Jay-Z and two partners appear to have held a final close on $85 million for their first venture fund, Marcy Venture Partners Fund.
The firm, which launched in 2014, is also eyeing an opportunity fund.
Paul Holland, who produced the documentary “Something Ventured” about the early days of venture capital in Silicon Valley, will work with CVCs on their new venture teams, CVC funds, corporate accelerators, and executive investment management teams to ensure their startup investments and partnerships thrive.
The New York firm, which focuses on investing in companies operating in highly regulated markets, closed Fund II with $70m. It reports Fund I has an early net IRR of 64.6%.
Canada’s largest pension fund with net assets of C$410 billion ($309 billion; €279 billion), has so far made commitments to three Silicon Valley managers. It aims to deploy an initial $1 billion to funds in North America and Europe in early-stage and growth-stage vehicles.
By Tom Stein, Correspondent Looking to launch a first-time venture fund? 2020 could be another vintage year for debut funds, but raising a new fund is becoming increasingly hard. “This is a fertile time for emerging managers, mainly because there is still so much money that investors are willing to put to work in venture,” […]
The Sao Paulo firm hires former Intel Capital counsel Carolina Strobel to lead its portfolio services in Brazil.
Cambridge Associates recommends family offices to have a venture allocation of 15% to 20% and believes venture offers family offices a way to make money to pass down for years to come.