Washington State Investment Board, pension fund, private equity
121 Views

LP Scorecard: Distressed debt lags other fund strategies for Washington State

By Rich Campanaro Distressed debt can be a lucrative investment strategy, but Washington State Investment Board has had more success with several other substrategies within private equity. Of nine substrategies tracked by the $116.5 billion pension fund (excluding real estate debt and co-investments), distressed-debt funds rank next to last in both investment multiple, at 1.4x, […]

venture capital, Kenzi Wang, Traction Labs, Y Combinator
778 Views

Top 10 ways the fundraising landscape has changed for entrepreneurs

By Kenzi Wang The past five years have seen a seismic shift on strategic investment deal flow. Arguably, we’ve gone through two large, definitive periods of modern-day venture capital tech fundraising. We’ll call the first period the Pets.com era, and the second the Facebook era. The Pets.com era was filled with extravagance, greed, speed and […]

Ideas Innovation Guest Column VC
200 Views

VCs and the new wave of disruption

By Kirsten Morin, Aberdeen Asset Management A decade has now passed since the first iPhone and Amazon Web Services were launched, effectively marking the advent of the mobile and cloud computing revolutions. Innovation has always come in waves. Before mobile and cloud, it was the Internet, and before that, the PC. The cycle of innovation […]

Guest Column Consumer Spending
281 Views

How VCs lost their minds in consumer (again)

By Jason Pressman, Shasta Ventures First, let me be clear that Shasta Ventures is deeply committed to consumer businesses. We have a deep track record of backing amazing companies that target consumers. These include financial technology companies like Mint and Tally, social networks like Nextdoor and Smule, branded e-commerce companies such as Dollar Shave Club, Poppin […]

Piggy Bank Deposit
1057 Views

Questioning the conventional wisdom of the reserve fund

By Clint Korver, Ulu Ventures When AppDynamics was acquired by Cisco just before its planned IPO, reports credited early investor Greylock Partners with a return of 100x on its investment in the San Francisco-based enterprise software company. That report was soon amended to reflect that Greylock’s return was closer to 25x, returning an excellent $590 […]

Brian Botch, Tricent Capital, venture capital
204 Views

We know data wins; why can’t VCs put intuition aside?

By Brian Botch, Tricent Capital Investors like to think of ourselves as logical people. But we’re as susceptible to emotional biases as anyone else. To separate our impulses from our investment decisions, my company has spent the past few years developing deal-screening models. One night, while reviewing their outputs, I spotted an apparent anomaly. On […]

Global M&A Canada
192 Views

The ILPA: 5 truths every VC should know

By Peter Freire, CEO, ILPA It has been more than two decades since the Institutional Limited Partners Association (ILPA) was founded as an informal networking club of 15 to 20 LPs who gathered twice a year to share information on their experiences. Since that time, the organization has evolved considerably, with great progress but little […]

Nextvest, private equity, Harvey Powers, Thomas Krenik, Kelley Rytlewski
5246 Views

How PE funds can overstate LP returns by up to 50 pct

By Thomas Krenik, Harvey Powers, and Kelley Rytlewski  Private equity funds are the widely accepted investment strategy for pensions, endowments, family offices and other investors to access the private markets. But the reported returns of PE funds are misleading, representing only a partial view of the capital involved. Typically, PE fund returns are shown for deployed […]

Tablet with stethoscope. Photo © iStock/JPC-PROD
1175 Views

Digital health companies continue to drive improvements in U.S. healthcare

By Joe Riley, Psilos Group Digital health is on a roll — and that’s the best sign that U.S. healthcare is changing for the better. The marriage of healthcare and digital technology improves patient outcomes, lowers costs and broadens consumers’ access to care. Strengthening this trend is venture financing of digital health, which remained robust […]

private equity, eye care, ophthalmology, mergers, M&A, Sterling Partners
184 Views

Digital health companies continue to drive improvements in U.S. healthcare

By Joe Riley, Psilos Group Digital health is on a roll — and that’s the best sign that U.S. healthcare is changing for the better. The marriage of healthcare and digital technology improves patient outcomes, lowers costs and broadens consumers’ access to care. Strengthening this trend is venture financing of digital health, which remained robust […]

private equity, Solomon Owayda, Mozaic Capital Partners
3007 Views

The 5 Ps of Private Equity: A Guide for LPs and GPs

By Solomon Owayda, founding partner, Mozaic Capital Advisors It is said that hindsight is 20/20. Wouldn’t it be great if one could look back at a private equity portfolio and have the chance to double down on the good investments and undo the bad ones? I have been investing in PE for the past 29 years, with […]