Venture Capital
The fund focuses on early-stage start-up companies in the U.S. or Israel.
Plan’s exposure to the cryptocurrency exchange represents less than 0.01% of the total portfolio.
The university will consider revising the target asset allocation for its model portfolio, including increasing the allocations to venture capital and private equity and natural resources, this week.
The minority-owned venture capital firm has closed two tech-focused funds with 90% of the combined capital coming from traditional, institutional LPs including endowments, funds-of-funds, foundations and consultants.
The agency has issued an RFP seeking private venture capital funds based in Oklahoma and interested in participating in the state’s venture capital investments program, which is funded by the U.S. Treasury State Small Business Credit Initiative program.
The hospital system has launched a healthcare innovation fund to support healthcare-related startups, technology or service innovations and has already made two commitments of up to $1 million each.
The plan disclosed $1.1 billion in total commitments with three new managers and ten existing managers in the fiscal first quarter.
The plan retained two managers based on the recommendation of its general investment consultant.
The New York-based venture capital manager has closed its oversubscribed early-stage decarbonization strategy.
The Western-based firm closed its inaugural fund, which invests in early-stage climate tech companies, with approximately $90 million in total commitments, above its $50 million target.