Venture Capital
The venture capital space is taking steps to ensure more progress is being made toward backing women-owned and led funds and Women’s History Month is highlighting some of the efforts being made to increase the representation and role of women in the space – but there is still a long way to go.
The foundation is seeking an investment manager for private markets to help source and evaluate investment strategies across buyout, growth, venture capital, special situations, real estate and infrastructure.
The firm closed its sixth private equity fund, which will target technology, business services, medical and industrial sectors, above its target.
The plan will look to hire maiden ACWI-ex U.S. large-cap core and small-cap equity managers.
The plan’s private equity committee received two investment recommendations earlier this month and approved two commitments in February.
The firm has closed its latest fund, a venture capital strategy focused on rejuvenating the ecological health of the world’s oceans, above its initial target.
The university disclosed follow-on commitments to existing credit, venture capital and private equity manager relationships made between September 2022 and January.
The plan made a $5 million commitment at its board meeting this week.
Venture capital investors are expressing concern over the support for specialized banks that have provided numerous resources to the industry in light of the recent collapse of Silicon Valley Bank.
The indirect impact of the Silicon Valley Bank situation on institutional investors will take time to fully assess as Federal Reserve actions to backdrop depositors is digested by the markets.