The Los Angeles City Employees’ Retirement System’s venture capital portfolio illustrates the single greatest challenge that faces venture today: cash distributions. The city pension fund manager has steadily invested in the asset class through most of the past decade, and ...ATTENTION, FUNDRAISERS. Don't miss our 10th annual PartnerConnect West on Oct. 9-11 in beautiful Half Moon Bay, California. More than 400 PE, VC and real estate GPs, LPs and service providers are expected to attend for fundraising, deal-making and golf. CLICK HERE FOR DETAILS!