Venture Capital
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.
Two HBCUs have committed to an early-stage venture capital strategy targeting the fintech, healthcare, education and workforce development sectors.
The college is one of several institutional investors to commit to the latest venture capital fund from a Berlin-based manager.
The institution approved financing agreements with four companies through its fund responsible for commercializing university research discoveries and innovations.