Hints and tips:
...Venture capitalists are under increasing pressure to return capital to their own backers — institutional investors, foundations and pension funds, known as limited partners [LPs] — as it has become more...
...the financial institutions that has invested in its venture funds....
...Now, Silicon Valley’s most storied venture capital firm is fighting to retain the confidence of its own investors....
...Ventures....
...Lightspeed Venture Partners, one of Silicon Valley’s biggest firms, is putting together a $1bn fund....
...When it launches, BXPE will compete against products managed by competitors including Partners Group, Hamilton Lane and StepStone Group....
...Dean Meyer has joined venture capital firm Sequoia as a partner focused on early stage investments. He was previously an investor at Vine Ventures....
...Disney is facing proxy battles with Nelson Peltz’s Trian Partners and Blackwells Capital, which are seeking board seats and other changes aimed at boosting its share price....
...“We did $500mn of venture investing last year. I can’t turn around to the venture team and say invest $2bn. There’s not enough deal flow,” he said....
...The shareholder meeting, which typically takes place in March or early April, is set to be a bruising one after Peltz’s Trian Partners said it planned to nominate two candidates to Disney’s board....
...The transaction allowed Quiet Capital LPs to sell half or all of their stake in the fund to new institutional investors at Goldman Sachs Asset Management and Blackstone Strategic Partners — both secondary...
...“We are seeing crazy amounts of [limited partner investors] that are distressed and need to lighten their venture load,” said the head of a $2bn venture capital firm....
...One of the parts of the proposed rules that has sparked much concern is a carve-out for US limited partners (LP) — the endowments, pension funds and charities that put money into venture funds....
...The most chaotic year in the venture capital firm’s 51-year history has prompted some investors to ask unprecedented questions of the firm and its direction under chief Roelof Botha, DD’s George Hammond...
...France’s hot artificial intelligence group Mistral is speaking with heavyweight venture capitalists including General Catalyst and Andreessen Horowitz about a deal to raise up to €400mn at a valuation between...
...Hoxton Ventures has named Bryan Gartner as a partner in London. He was previously a partner at Khosla Ventures....
...“So the LPs have more leverage today than they’ve often had.” Questions over questionnaires One of the things LPs are looking for is better disclosure on ESG performance....
...Paying back the investors Before committing new funds to private equity, investors generally like to see returns from previous ventures....
...So $2bn from equity partners. It’s not going to be very hard.”...
...from American LPs....
...“We cannot suggest opportunities fast enough,” said a partner at one global venture fund with a San Francisco office. “They are eager for what we have from San Francisco to Orlando.”...
...asked a partner at a rival venture group. “Funds which had global ambitions, do they change their strategy?”...
...“People love to cast this idea that SF is dead,” said Index Ventures partner Mike Volpi....
...Victor Lazarte, the co-founder and chief of gaming start-up Wildlife Studios, has joined venture capital firm Benchmark as a general partner....
...The likelihood of the LPs still wanting their money to be ploughed into it is even smaller. It’s a win-win....
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