Venture Capital
Institutional and individual investors are continuing to embrace private markets strategies in search of diversification and higher returns amid ongoing market volatility and geopolitical uncertainty, according to a new report.
The oversubscribed fund closed at its hard cap of $600 million in total commitments in less than three months.
The institution approved a financing agreement for an up to 10% stake in a company developing a new retinoid therapy.
The venture capital manager held an initial close for its second fund-of-funds targeting climate-focused technology after garnering investments from nearly 40 investors.
The university system approved a venture commitment targeting late-stage and growth companies across tech-enabled consumer companies.
An early-stage venture capital fund spun out of a university’s incubator announce its first close with $10 million in committed capital.
The retirement system added a direct lending commitment and three private equity commitments on July 3.
The pension finalized three commitments totaling $125 million last week.
The retirement system added $350 million in alternatives commitments in the first quarter.
The overall slowdown in private markets commitments did not stop two Black-owned firms from closing funds as early-stage venture capital firms Collab Capital and Zeal Capital Partners recently announced closes for their respective second funds.