Venture Capital
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.
The hospital is seeking an investment associate to manage its private real assets and private equity investments with a focus on venture capital.
The agency has issued an RFQ seeking investment managers to launch a $50 million venture capital fund targeting startups in a Midwestern state.
