Posted on: October 17, 2011 by Mark Boslet
The Colorado Public Employees’ Retirement Association has been an uneven investor in venture capital. Commitments have risen and fallen over the years without obvious pattern. In 2006, earmarked capital was $105 million, according to a peHUB analysis of its portfolio. A year earlier, it was $67 million. The year before it was $93 million, and [...]
Tags: CMEA Capital, Colorado PERA, Galen Partners, Highland Capital Partners, Lighthouse Capital Partners, Rho Ventures, Technology Crossover Ventures, venture capital
Posted on: October 17, 2011 by Lawrence J. Aragon

Happy Monday! If you want to catch up on news you may have missed last week, here are peHUB’s top 10 posts, as judged by the pageviews of our regular readers. Hot topics included Q3 fundraising, performance data from Colorado PERA, UTIMCO and New York pension funds, and a growing number of restaurant bankruptcies.
ONE: Slideshow: 15 Largest U.S.-based Venture Funds Raised in Q3 – by Lawrence Aragon
TWO: CrunchFund Wasn’t the Only Newbie Fund Raised in Q3; Here Are 18 Others (slideshow) – by Lawrence Aragon
THREE: Slideshow: Top-Performing PE/VC Funds Of 3 Big-Apple Pensions – by David Toll
FOUR: Top Ten Performing Funds From The Colorado PERA Venture Portfolio (slideshow) – by Mark Boslet
FIVE: Qwikster and 7 Other Terrible, Short-Lived Ideas (slideshow) – by Connie Loizos
SIX: Slideshow: Riverside’s Lessons from the Loo – by Buyouts magazine
SEVEN: Slideshow: Restaurant Bankruptcies Make PE Queasy – by Bernard Vaughan
EIGHT: Slideshow: UTIMCO in 17 Active Funds with IRRs > 25% (subscribers only) – by Lawrence Aragon
NINE: Gores Group Turns More Industry-Focused (subscribers only) – by Bernard Vaughan
TEN: Welsh Carson To Buy Triple Point Tech from ABRY – by Luisa Beltran
Tags: Colorado PERA, CrunchFund, Gores Group, Q3 Fundraising, Riverside Co., UTIMCO, Welsh Carson
Posted on: October 10, 2011 by Mark Boslet
The years from 1999 to 2008 can be described as venture’s difficult decade. Liquidity was hard to come by with the IPO market shut tight for much of the period. The trouble GPs had reaping benefits from their investments is evident in the Colorado Public Employees’ Retirement Association’s venture portfolio. Far more of the 39 [...]
Tags: Colorado PERA, Technology Crossover Ventures
Posted on: August 20, 2011 by Lawrence J. Aragon

It’s time to catch up on the stories and slideshows your colleagues found most compelling on peHUB this week. Here are the top 10 posts that garnered the most pageviews from regular readers from Aug. 15 to Aug. 19. Market turmoil was top of mind for our readers, with a top 10 list of PE-backed companies stuck in the IPO pipeline scoring the most pageviews. Other hot topics included a slowdown in fundraising for funds-of-funds, “Googorola” and performance data.
1. Top 10 PE-Backed Companies Waiting To Go Public – by Luisa Beltran
2. Fundraising Gets Even Slower for Funds-of-Funds – by Lawrence Aragon
3. Colorado PERA Top-10 Performing Funds Since 1982 (subscribers only) – by David Toll
4. Six Buzzworthy Emerging Managers – by Bernard Vaughan
5. A Slowdown for Most Active VC Firms in July (subscribers only) – by Alastair Goldfisher
6. Welcome to the Family, Motorola! – by Jonathan Marino
7. Gap Between Top And Bottom Performing Private Equity Funds Widens; Comparison By Vintage Year – by Mark Boslet
8. With Motorola Mobile’s Sale, Quattrone’s Qatalyst Scores Largest Deal Ever – by Luisa Beltran
9. And the Winner of the Google/Motorola Naming Contest Is … – by Lawrence Aragon
10. Neuberger’s Dyal Fund Blurs Line Between PE and Hedge Funds – by Gregory Roth
Tags: Colorado PERA, Fundraising, Funds-of-funds, Google, IPOs, Motorola Mobile, Neuberger Berman, Qatalyst Partners
Posted on: August 15, 2011 by Lawrence J. Aragon

* Poll: Most Believe Market Turmoil Is Only ‘Temporary Setback’ For IPO Candidates, by Lawrence Aragon
* peHUB Second Opinion 08.12, by Luisa Beltran
* This Week’s Top 10 HUB Posts Focus on Market Turmoil, Fund Performance and Silicon Valley’s ‘Undertaker’, by Lawrence Aragon
* Slideshow: A Slowdown for Most Active VC Firms in July, by Alastair Goldfisher
* Value of PE-Backed Tech M&A Jumped 60% in Q2, by Luisa Beltran
* Jay Jordan: Re-Install Glass-Steagall, China’s Dangerous Shadow Banking System, S&P’s Credibility and Other Ruminations , by Bernard Vaughan
* VCJ Report: Photo Shopping, by Alastair Goldfisher
* NY Life Capital Raising $1B Fund For Mezz, by Steve Bills
* Life Sciences Venture Investing Represents 7th Best Quarter On Record, But All Is Not Blue Skies, by Mark Boslet
* Market Downturn Is Good if It Makes VCs More Selective About Companies They Take Public, by Lawrence Aragon
* Dealtalk: Crisis May Scuttle $2B+ in Euro M&A Fees, by Victoria Howley and Simon Meads, Reuters
* Schmidt’s Tomorrow Ventures Joins Others in BrightTag Funding , by Jonathan Marino
* Poll Results: John Doerr Is Ready for Reality TV, by Luisa Beltran
* Google, Facebook in Social Gaming Throwdown, by Alexei Oreskovic, Reuters
* Slideshow: Colorado PERA Top-10 Performing Funds Since 1982, by David Toll
* peHUB First Read, by Jonathan Marino
Tags: Colorado PERA, Facebook, Google, John Doerr, NY Life Capital, Tomorrow Ventures
Posted on: August 12, 2011 by Lawrence J. Aragon

Time to catch up on the peHUB stories your colleagues found most compelling this week. Here are the top 10 posts that garnered the most pageviews from regular readers from Aug. 8 to Aug. 12. It isn’t terribly surprising that most of the posts were related in some way to the turmoil in the public markets this week.
1. Early Stage Funds Dominate CalPERS’ Top 10 Venture Funds, by Mark Boslet
2. Silicon Valley’s Undertaker: ‘We’re Anticipating a Major Fallout’, by Connie Loizos
3. Groupon, Zynga and 9 Other VC-Backed IPOs Threatened by Market Turmoil, by Joanna Glasner
4. LinkedIn, Solazyme, Zipcar, 33 Other VC-Backed IPOs Bloodied in Market Beatdown, by Lawrence Aragon
5. Idaho Public Employee Retirement Top-Performing Funds (subscribers only), by David Toll
6. Menlo Ventures Is Biggest Winner in Carbonite IPO, by Lawrence Aragon
7. Venture & PE Picks for a Double Dip, by Joanna Glasner
8. Colorado PERA Top-10 Performing Funds Since 1982, by David Toll
9. How This Year’s 10 Biggest VC-Backed IPOs Fared in the Market Plunge, by Lawrence Aragon
10. Reuters Exclusive: Khosla Loses 2 Partners; Alex Kinnier to Do Startup, Jim Kim’s Plans Unknown, by Sarah McBride and Peter Lauria, Reuters
Tags: CalPERS, Carbonite, Colorado PERA, Groupon, Idaho PERS, Khosla Ventures, LinkedIn, market correction, Menlo Ventures, Solazyme, VC-backed IPOs, ZipCar, Zynga
Posted on: August 12, 2011 by dtoll
It’s not easy to crack the top-10 performing funds in the private equity portfolio of Colorado Public Employees’ Retirement Association, which has committed more than $10 billion to more than 200 domestic and international venture capital, buyout, funds of funds and other kinds of private equity funds since 1982. In fact, it takes a 42.2 [...]
Tags: Colorado PERA