TCV, Spark, Polaris lead mid-decade portfolio for LA pension

LAFPP, venture capital, private equity, pension fund
LA Los Angeles sign in redlight photo mount on downtown image. Photomount and digitally improved text. Photo courtesy of LUNAMARINA/iStock/Getty Images
Funds from Technology Crossover Ventures, Spark Capital and Polaris Partners lead a portfolio of mid-decade venture funds at the Los Angeles City Employees’ Retirement System. The portfolio, with vintages of 2004 to 2006, favors mid-sized funds with a multi-stage approach ...

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