Bain Capital Ventures (BCV), the venture arm of the 37-year-old private equity firm Bain Capital, announced this morning that it has $1.3 billion more smackers to invest across two funds, a $950 million fund for seed and Series A deals and a $350 million fund for growth-stage opportunities.
Approaching institutions to raise capital for your venture capital or private equity fund is relatively transparent, but what if you’re targeting family offices and high-net-worth individuals?
The California State Teachers’ Retirement System has named Cassandra Lichnock as its new chief executive, effective July 1. She will be the first woman to lead the pension system.
The Arkansas Public Employees Retirement System’s investments increased in value by $361 million last quarter to reach $11 billion, the system’s investment consultant reported Wednesday.
Subpoenas reviewed by The Inquirer and Spotlight PA — along with interviews — show for the first time the scope of the FBI’s probe into the state’s biggest pension fund.
Analysis found a $145 billion shortfall in 2017 between assets on hand and the liabilities for promised benefits, representing an aggregate funded ratio of 68%, only slightly below the overall state pension plan funded ratio of 69%.