The Big Picture

MARCH 10, 2023

Wall Street Journal ) • The Backlash Against ESG Faces Its Own Backlash : Pension funds in red states say culture-war policies are interfering with the market and could cost retirees and taxpayers billions. The company pops open its hood after 100,000 auctions to explain why. home heating is fractured in surprising ways.

Pension Funds 114

Pension Funds Startups Banks Assets 114

Private Equity Insights

NOVEMBER 20, 2023

Zephyr Peacock India looks to raise $200m in the midst of funding winter. The funding winter may not be anywhere near over, but global investors are still interested in India’s private markets. However, investors are no longer going to support excesses of the Covid era. And now we have some examples of good exits too.

Investing 130

Investing Pension Funds Startups Bidding 130

This is going to be BIG.

AUGUST 8, 2011

For every 5 haters on Business Insider, there's one startup out there that doesn't spend all their time reading the same stuff we do, and just happens to notice that video. They feel like I might be a reasonable guy to talk to about startups and decide to get an intro to someone at First Round because of it.

Venture Capital 110

Venture Capital Pension Funds Startups Capital 110

This is going to be BIG.

APRIL 1, 2013

Many of us, fellow VCs, are a poor investors. A lot of companies that probably shouldn't get funding will get it, because of the novelty of the platform and the momentum investing that tends to characterize individual investors. For many investors, its a pretty sobering experience. Going into business for themselves.

Crowdfunding 110

Crowdfunding Pension Funds Angel Investors Startups 110

This is going to be BIG.

JULY 30, 2015

It's also not the "average fund". You don't want the "average" fund, because average funds don't do well--just like you don't want to model the average startup, because you might as well draw a big flaming hole in the ground. And no, the numbers don't exactly add up--but they're more than close enough for venture capital.

Venture Capital 167

Venture Capital Returns Capital Enterprise Values 167

This is going to be BIG.

NOVEMBER 16, 2015

I was working for the GM pension fund, an institutional LP, as an analyst, doing a research project on consumer private equity and venture capital investing. I was researching consumer focused funds, building and fixing brands, and talking to just about every consumer minded investor I could find.

Venture Capital 143

Venture Capital Capital Pension Funds Prospects 143

This is going to be BIG.

MAY 2, 2023

When I think about true disruptions in tech—the ones that enable huge investor outcomes because they create generational behavior change, entirely new markets, and populate whole business ecosystems out of nothing—location-aware mobile devices stand out to me as right up there with the web itself.

Investing 101

Investing Pension Funds Startups Venture Capital 101

FinSMEs

JUNE 12, 2023

Kyber Knight Capital, a San Francisco, CA-based new venture capital firm focused on pre-seed and seed investments in early stage technology startups, launched with a $120M inaugural fund. Co-founded by Sunny […] The post Kyber Knight Capital Launches With $120M Inaugural Fund appeared first on FinSMEs.

Capital 52

Capital Pension Funds Startups Venture Capital 52

Pension Pulse

JULY 24, 2023

Different from public equity, where investors buy a stake in a publicly listed company, private equity refers to the private ownership of non-listed firms or of those that were once public and have been since taken private. The second is through private equity funds run by private equity firms, such as KKR and Blackstone.

Pension Funds 88

Pension Funds Private Equity Firms Private Equity Firms Investing 88

Pension Pulse

AUGUST 12, 2024

Former Conservative chancellor Jeremy Hunt also wanted to build a Canadian-style pensions model in Britain, but progress had been slow. Reeves has announced a review, overseen by the new pensions minister Emma Reynolds, to look into how to achieve scheme consolidation and put pension funds to use in promoting UK growth.

Pension Funds 59

Pension Funds Assets Funds Asset Management 59

The Big Picture

OCTOBER 2, 2024

She has been an early investor in companies that went public such as FIGS, Casper, and CloudFlare, as well as startups like Gimlett and Lightwell, that were later acquired by Spotify and Twitter. billion dollar startups have a founder who came here as a student. And then they get funded. Is that cliche accurate?

Startups 72

Startups Investing Deal Flow New York Stock Exchange 72

Pension Pulse

JANUARY 25, 2024

James Bradshaw of the Globe and Mail reports Teachers' invests in portable battery company aiming to replace gas-powered generators: Ontario Teachers’ Pension Plan is leading a US$95-million funding round for Instagrid GmbH, a German maker of portable battery systems designed to replace gas-powered generators.

Investors 59

Investors Funds Startups Assets 59

A VC: Musings of a VC in NYC

JANUARY 21, 2020

” A management rights letter is a short agreement between a company and an investor to allow them certain “management rights.” The existence of these letters has everything to do with where the venture capital firms get their funds from.

Venture Capital 57

Venture Capital Pension Funds Startups Consultants 57

Pension Pulse

AUGUST 8, 2023

Mr. Hill will join OMERS in September, the public pension fund announced Wednesday, and report to Ralph Berg, who took over as the chief investment officer in April. The fact that other large Canadian pension funds keep poaching talent away from CPP Investments tells you how much talent there is there. billion ($3.72

Venture Capital 52

Venture Capital Capital Pension Funds Startups 52

Pension Pulse

SEPTEMBER 6, 2023

Major funds including Aware Super and Hostplus were investors. But in a partial victory for fund groups which opposed the rules, the Securities and Exchange Commission did not proceed with proposals that would have expanded funds' legal liability and outright banned arrangements that allow some investors special terms.

Hedge Funds 64

Hedge Funds Securities and Exchange Commission (SEC) Pension Funds Funds 64

Pension Pulse

AUGUST 5, 2024

Gillian Tan of Bloomberg reports Ontario Teachers' pension backs Bilt, now valued at US$3.25 Vanderbilt University Endowment, the University of Illinois Foundation and existing investors also participated in the extension to a January funding round, lifting Bilt’s valuation to US$3.25 were among Bilt’s earliest investors.

Startups 59

Startups Venture Capital Pension Funds Amortization 59

Pension Pulse

SEPTEMBER 30, 2024

Gillian Tan, Swetha Gopinath and Layan Odeh of Bloomberg report OMERS to stop making direct private equity investments in Europe: The Ontario Municipal Employees Retirement System will stop making direct private equity investments in Europe as the pension fund overhauls its operations there, according to people familiar with the matter.

Buyout 59

Buyout Pension Funds Investing Mergers and Acquisitions 59

Pension Pulse

AUGUST 24, 2023

A month ago, Eliyahu Kamisher of the Los Angels Times reported that CalPERS pension fund posts 5.8% gain in its latest fiscal year as the stock market rally and private debt buoyed the largest traditional public pension fund in the United States. pension fund, has yet to release its fiscal 2023 results.

Pension Funds 52

Pension Funds Debt Assets Banks 52

The Big Picture

OCTOBER 2, 2024

She has been an early investor in companies that went public such as FIGS, Casper, and CloudFlare, as well as startups like Gimlett and Lightwell, that were later acquired by Spotify and Twitter. billion dollar startups have a founder who came here as a student. And then they get funded. Can your capital make an impact?

Startups 52

Startups Investing Deal Flow New York Stock Exchange 52

Pension Pulse

JUNE 3, 2024

Speaking just across the border at the Fiduciary Investors Symposium held at the University of Toronto this week, Murray conceded that she has spent the last number of years feeling “defensive” against the anti-ESG sentiment, but now, she “very much welcomes it”. “On How can pension funds take part in the new nuclear revolution?

Securities and Exchange Commission (SEC) 59

Securities and Exchange Commission (SEC) Pension Funds Investing Asset Management 59

The Big Picture

SEPTEMBER 19, 2022

And so I wrote an angel check here, and then I brought Union Square Ventures in as the first Series A investor. What was that experience like now not as a president, but as an outside investor? WENGER: Yeah, that had really been my goal since my own first startup in ’96, ‘97, which was a company called W3Health that ultimately failed.

Venture Capital 122

Venture Capital Capital Startups Funds 122

Fortune Financial

AUGUST 7, 2023

Venture Capital Venture capital investments focus on financing startups and early-stage companies with significant growth potential. As an investor, you not only provide financial support but also offer guidance and expertise to help these companies thrive.

Hedge Funds 52

Hedge Funds Due Diligence Portfolios Leveraged Buyouts 52

Fortune Financial

AUGUST 7, 2023

Venture Capital Venture capital investments focus on financing startups and early-stage companies with significant growth potential. As an investor, you not only provide financial support but also offer guidance and expertise to help these companies thrive.

Hedge Funds 52

Hedge Funds Due Diligence Portfolios Leveraged Buyouts 52

The Big Picture

SEPTEMBER 19, 2023

Previously she was Chief Investment Officer at various state pension funds, including Maryland and Hawaii. She provides advice to institutions in high net worth investors that isn’t limited by the typical buckets or lines or structure that you, you so often see. So you end up going from the fund of funds to pension funds.

Asset Management 59

Asset Management Assets Pension Funds Hedge Funds 59

The Big Picture

NOVEMBER 8, 2022

I then was doing journalism for Breakingviews, which was the sort of dot-com startup, FX FT people known by Reuters, and started doing some — and then I did some research for Crispin Odey, London hedge fund guy. And because these investors sometimes say, like, throw job offers around then never serious. RITHOLTZ: Right.

Finance 59

Finance Financing Banks Hedge Funds 59

The Big Picture

MAY 23, 2023

RITHOLTZ: And — and to — for a little context, maybe for some of the audience in America who may not be that familiar with Man Group, this isn’t like a startup. Trading through our CTAS and Quant and discretionary and private markets, reaching investors all over the world. And it is slightly surreal. How old is Man Group?

Hedge Funds 64

Hedge Funds Finance Financing Funds 64

The Big Picture

SEPTEMBER 23, 2024

We should be like, 00:06:58 [Speaker Changed] It’s 00:06:58 [Speaker Changed] A startup. But buying enough debt to own 51% or more of the company becoming a private equity investor, and then driving an operational transformation in the business. And I think we’ve been the biggest investors in our, in our industry, in infra.

Debt 59

Debt Leveraging Banks Leveraged Buyouts 59

The Big Picture

JANUARY 24, 2023

So the big long term story with Forstmann Little as investors — and it was a great firm, we were the second biggest firm, but I think we had the highest returns — was, you know, in the ‘80s, it was about kind of any company that looked cheap with a lot of debt. It’s the sovereign funds around the world, in Europe and Asia.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

The Big Picture

APRIL 11, 2023

And let’s face it, dividends really never made sense as a way of returning cash to equity investors. RITHOLTZ: If you’re a long-term investor, you want to see the capital — DAMODARAN: But, also, if you think about equity as a residual claim, which is the way I think about it, you get whatever is left over.

Education 119

Education Finance Financing Taxes 119

Pension Pulse

AUGUST 22, 2023

Paula Sambo of Bloomberg reports Canada Pension Plan Investment Board joins startup at $100 million Reforestation Fund: Canada’s largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region.

Startups 52

Startups Funds Investing Pension Funds 52

Pension Pulse

NOVEMBER 10, 2023

Completed a structured liquidity transaction, partially divesting 12 North American energy funds, generating gross proceeds of approximately US$860 million with the opportunity for further distributions. OMERS will be a financial investor and will not participate in operational decisions of MLSE or any of its teams.

Investing 59

Investing Buyout Stakes Assets 59

Pension Pulse

NOVEMBER 25, 2024

By the time the last attempt at an emergency plan failed, investors who had poured in US$10 billion discovered only US$30 million cash was left. In addition to BMW and Volkswagen AG , Northvolt’s top investors included Goldman Sachs’s asset management arm, Denmark’s biggest pension fund ATP, Baillie Gifford & Co.

Pension Funds 59

Pension Funds Funds Finance Financing 59

Pension Pulse

DECEMBER 2, 2024

James Bradshaw of the Globe and Mail reports HOOPP names infrastructure expert Annesley Wallace as its next CEO: The Healthcare of Ontario Pension Plan has named Annesley Wallace as its next chief executive officer, reaching outside the organization to choose a leader with expertise in infrastructure investing and strategy. billion ($80.2

Pension Funds 59

Pension Funds Assets Funds Startups 59

Pension Pulse

DECEMBER 17, 2024

Daniel Johnson of Bloomberg reports fall economic statement: Ottawa seeks to lower pension fund investments caps: The federal government announced a move to ease limits for pension funds investing in Canadian companies in its latest fiscal update, along with responses to tariff threats from the U.S.

Pension Funds 59

Pension Funds Investing Venture Capital Consultants 59

American Investment Council

APRIL 8, 2025

Less American Innovation Increasing carried interest capital gains tax rates to ordinary income tax rates removes the existing tax incentive alignment between entrepreneurs, venture capitalists, and limited partner investors to make longer-term high-risk investments. Please see here for a one-pageroverview of the report’s findings.

Taxes 52

Taxes Venture Capital Pension Funds Investing 52

American Investment Council

APRIL 7, 2025

Less American Innovation Increasing carried interest capital gains tax rates to ordinary income tax rates removes the existing tax incentive alignment between entrepreneurs, venture capitalists, and limited partner investors to make longer-term high-risk investments. Please see here for a one-pageroverview of the report’s findings.

Taxes 80

Taxes Venture Capital Pension Funds Investing 80

The Big Picture

OCTOBER 13, 2022

. • The upside of a gilt market crisis : Ballooning pension fund surpluses and improved funding ratios — what’s not to like? Institutional Investor ). • Load up on small caps if you’re a long-term investor… (1979-2022 data; red lines = 9/30/22). Financial Times Alphaville ). Upshot ). • Source: EconomPic.

Pension Funds 69

Pension Funds Startups Education Assets 69