tech investing France

Tech investing in France to surpass 2018 by $500 mln

Tech investing in France slowed during the third quarter, but is still on track to outperform last year’s final results by $500 million. The French market saw $708 million invested across 164 deals during the third quarter, according to a report from CB Insights and La French Tech, an organization for French startups. This was a […]

FoF
149 Views

Florida SBA continues its FoF venture strategy with $100 mln commitment

The State Board of Administration of Florida continues its fund of funds-focused venture strategy with a re-up commitment. The Tallahassee, Florida-based government investment entity made a $100 million commitment to TrueBridge Capital Partners VI during the third quarter, according to a document from the organization. Fund VI launched in August with a target of $575 […]

Damien Steel, OMERS Ventures
287 Views

It pays to go direct for OMERS Ventures

OMERS Ventures has been as busy as Canada’s national animal (the beaver). From opening a new Silicon Valley office to launching its first Europe-focused fund earlier this year, the 8-year-old venture fund is quickly building its own space in the market. And while OMERS Ventures operates like a general partner, it’s actually the venture arm […]

real estate AI
184 Views

AI hopes to bring efficiency to real estate investing

Private real estate investors who don’t embrace AI are at risk of falling behind their peers who do, Guy Zipori, the CEO of Skyline AI, said. Zipori told the audience at the PERE America conference this week in New York, hosted by PERE, an affiliate publication of Venture Capital Journal, that it is become increasingly […]

Insurtech
105 Views

Insurtech funding in 2019 already surpasses 2018

Insurtech investing this year has already exceeded last year as the steadily climbing industry registered $1.5 billion worth of deals during the third quarter worldwide. Year-to-date through Q3, investors have put $4.6 billion to work into 239 deals, which is already up 5 percent from all of 2018 when more than $3.95 billion was invested […]

retail tech
309 Views

The price is right for retail tech investing

Barneys New York, Forever 21, Payless ShoeSource. Those are just a few of the 18 national retailers that have filed for bankruptcy this year. A casual observer would be forgiven for thinking the retail industry is collapsing. But that is far from true. In fact, the industry is predicted to top its holiday sales growth […]

diverse
131 Views

VCs are still all talk and no action regarding diverse investing

Investing in venture is all about risk. VCs gamble on the companies and industries they think will matter in the future. Apparently, though, women and minority-owned businesses are too big a bet. A recent survey of 200 U.S.-based VCs and diverse entrepreneurs by the Brunswick Group and Morgan Stanley found that while the majority of […]

U.K.
154 Views

U.K. venture funds fare favorably when compared to U.S.

U.S. funds are not the only star students in the venture class. A recent report from the British Business Bank found that the U.K. market’s venture performance regarding distribution and total value paid in, has been on par with the U.S. for more than a decade. For some vintage years, U.K. funds actually outperformed U.S. […]

Aaron Miller of Commonfund Capital
379 Views

Commonfund finds FoF strategy is still popular with nonprofits

Venture capital is famed for outsized returns, but it is infamous for its high barriers to entry, particularly for limited partners who are new to the game. That’s where Commonfund Capital comes in. A subsidiary of asset management firm Commonfund, it launched 31 years ago to help endowments, foundations, healthcare groups and other nonprofits to […]

Henriquez
584 Views

Hercules founder to plead guilty in college admissions scandal

Manuel Henriquez, founder of venture debt shop Hercules Capital, will plead guilty for his involvement in the “varsity blues” college admissions scandal, according to the U.S. Attorney. Henriquez and his wife, Elizabeth, were both set to plead guilty on Oct. 21 to charges of conspiracy to commit mail and wire fraud, honest services mail and […]

police officer, firefighter, cop,
220 Views

LA Fire and Police boosts VC commitments by 6x

The Los Angeles Fire and Police Pension system has committed more than $100 million to venture funds this year, an amount six times greater than it committed in 2018. LA Fire and Police also tripled the number of venture funds it has backed — from three in 2018 to nine this year. It is unclear […]

private equity
219 Views

No small thing: IoT is only sector to see boost in tough Q3

Internet of Things (IoT) companies are seeing a surge in venture funding while fewer dollars flow into other top technology sectors. U.S.-based VC-backed companies raised $25.9 billion in Q3, down 15 percent from the second quarter, while deal activity fell 16 percent from Q2 to 1,304 transactions, according to a recent report from CB Insights […]

San Francisco Employees’ Retirement System, private equity, pension fund, co-investment
271 Views

San Francisco pension makes $175 mln in venture commitments

The San Francisco Employees’ Retirement System closed on $175 million of commitments to venture funds in September. The California pension invested across four vehicles from new and existing manager relationships, according to documents released at its Oct. 9 meeting. SFERS invested in two vehicles operated by Knightsbridge Advisers. The fund committed $100 million to Knightsbridge […]

New York
156 Views

NY Retirement Fund re-ups with old manager for new strategy

The New York State Common Retirement Fund announced a recent commitment to new strategy by one of its existing managers. The Empire state pension vehicle made a $15 million commitment to Primary Venture Partner’s Primary Select Fund I in August, according to a document released by the pension fund. This fund will focus on investing […]

venture debt BDCs
289 Views

Business development companies are ripe for retail

Many venture debt lenders choose to structure themselves as a business development company because the model fits the strategy like a glove. BDCs are required to invest 70 percent of their portfolio into U.S.-based companies that have a market value of less than $250 million, which makes them ideal lenders to early-stage startups. Regulations also […]