Maryland

Maryland state pension system commits more than $170 mln to VC

The Maryland State Retirement and Pension System confirmed three recent venture commitments totaling more than $170 million. The Baltimore-based pension fund recently committed $35 million to .406 Ventures IV, $35 million to .406 Opportunities Fund II and $100 million to Tiger Iron Old Line Fund II. Point 406 Ventures Fund IV was launched in March […]

Startups valuations are cooling down after H1 2019
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Valuations start to stabilize in H1 while market remains strong

After years of climbing rapidly, valuation growth started to cool down in the first half of 2019, in a market that remains incredibly active. A PitchBook report published on Aug. 19 showed that numbers from H1 2019 point to a stabilization of valuations. This slowdown comes as the market’s deal count has also been on […]

European VC market dominated by UK

United Kingdom sees the bulk of European VC activity in H1

Brexit who? The United Kingdom continues to trailblaze the European VC market in regards to deal count and the amount of invested capital. The U.K. clocked a 99.8 percent year-over-year growth rate from H1 2018 to H1 2019 regarding the volume of invested capital, according to a report released by Refinitiv. More than €4.25 billion […]

Benelux

Benelux amasses more than $988 mln in VC investments in 2019

The venture capital community in Benelux is headed in the right direction to potentially break records this year. More than €894 million ($988 million) has already been invested into the three-country region through July of this year, according to a recent report from PitchBook. The activity is already close to surpassing the €1 billion median […]

stack of Canadian dollars

Canadian venture activity soars in robust H1

The Canadian venture capital market experienced a record-setting second quarter and the highest amount of invested capital during H1 of a year yet. Canada’s venture community saw more than C$2.2 billion ($1.65 billion) invested across 256 deals during the first six months of 2019, according to a report released on Aug. 27 by the Canadian […]

Sacramento County Employees Retirement System, venture capital
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Sacramento County ERS commits $40 mln to VC this summer

Sacramento County Employees’ Retirement System (SCERS) made a $20 million venture capital commitment in July, which makes venture the pension fund’s top private equity strategy so far in 2019. The California limited partner made a $20 million commitment to Threshold Ventures III last month, according to an investment report released this week. Threshold Ventures, the […]

positive venture capital returns

Venture capital returns for foundations doubled in 2018 from 2017

Venture capital was the top performing asset class for foundation limited partners in 2018, according to a recent industry report. Venture capital returned an average of 13.3 percent for private foundations and 9.5 percent for community foundations in 2018, according to a report, released on Aug. 15, by the Council on Foundations in collaboration with […]

Annie Lamont, Oak HC/FT
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LA Fire and Police commits $40 mln to Oak, Pelion and Threshold

The Los Angeles Fire and Police Pensions (LAFPP) recently committed $40 million to funds from Oak HC/FT, Pelion Venture Partners and Threshold Ventures, an early stage firm formerly known as Draper Fisher Jurvestson. LA Fire and Police committed $15 million to Oak HC/FT Partners III, which recently held a final close on $800 million. Oak […]

Rebecca Szkutak
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Meet Rebecca Szkutak, our new VCJ Reporter

My name is Rebecca Szkutak and I’m joining the Venture Capital Journal team as a reporter based in New York City. So far in my career, I’ve developed a real passion for covering business and private markets. I always strive to find the human interest stories that lie underneath the numbers and learn more about […]

Owl Rock Capital Partners, private equity
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Owl Rock’s direct lending fund shoots past $1 bln target

Owl Rock Capital Partners has pulled in more than its original target for its latest direct lending fund. The New York-based firm held a close on more than $1.11 billion in July for its Owl Rock First Lien Fund, according to documents filed with the Securities and Exchange Commission. Despite the fund coming in above […]

Trevor Clark, Twin Brook Capital Partners, lending, leveraged finance
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Twin Brook hauls in record $2.75 bln for Fund III

Twin Brook Capital Partners soared above its target for its third fund, one of the largest lower mid-market direct lending funds raised to date. Private Debt Investor, a Buyouts affiliate publication, was the first to report the news. The Chicago-based lender closed on $2.75 billion of equity commitments for AG Direct Lending Fund III. The […]