It’s mid-August… but perhaps VCs are sweating this report instead of the heat: http://www.pehub.com/162392/pension-giant-calpers-appears-ready-to-abandon-most-venture-capital-investing/ It will be tougher for many GPs out there to raise a fund if and when CalPERS reduces its exposure to the asset class. Peep our Venture Alpha schedule for ways to lure in new capital (and, more LPs) http://www.vcjconferences.com/events/sf_2012/