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.

Pension Funds 114

Pension Funds Startups Banks Assets 114

Private Equity Insights

NOVEMBER 20, 2023

While it is never easy to raise a “blind pool” of capital, Mukul Gulati, president and chief investment officer of Zephyr Peacock India, says India is on everyone’s radar and pension funds and large endowment funds are sitting on a large pool of money. The so-called ZIRP (Zero Interest Rate Phenomena) is well and truly history.

Investing 130

Investing Pension Funds Bidding Startups 130

This is going to be BIG.

SEPTEMBER 11, 2010

I was working at the General Motors pension fund, and we were all huddled together in the trading room, which was the one place we had a television. Last night, Startup Weekend launched , and New York City has never been a better place to build a technology business. I had just graduated college that year.

Pension Funds 97

Pension Funds Venture Capital Startups Capital 97

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

Plus, I've heard, and can anecdotally corroborate, that most angel investors put 70% of all the money they will ever put into startups to work in their very first year of angel investing. The best funds will not only rise to the top, but they'll be free from catering to institutional thinking.

Crowdfunding 115

Crowdfunding Pension Funds Angel Investors Startups 115

This is going to be BIG.

MAY 2, 2023

Back in 2004, I was working for the General Motors pension fund, which had been making limited partnership investments in venture capital since the early 1980’s. I got to see all of the top VCs pitching their funds.

Investing 108

Investing Pension Funds Startups Venture Capital 108

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 151

Venture Capital Capital Pension Funds Buyout 151

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

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. And by the way, one quarter of U.S.

Startups 72

Startups Investing Deal Flow New York Stock Exchange 72

A VC: Musings of a VC in NYC

JANUARY 21, 2020

The existence of these letters has everything to do with where the venture capital firms get their funds from. This post on Startup Lawyer explains it well: Venture funds request these rights in order to obtain an exemption from regulations under the Employee Retirement Income Security Act of 1974.

Venture Capital 57

Venture Capital Pension Funds Startups Consulting 57

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. And by the way, one quarter of U.S.

Startups 52

Startups Investing Deal Flow New York Stock Exchange 52

The Big Picture

SEPTEMBER 19, 2023

Previously she was Chief Investment Officer at various state pension funds, including Maryland and Hawaii. So you end up going from the fund of funds to pension funds. I had a a two brief jobs between the, the fund of funds in Maryland and business school in between there. Absolutely.

Asset Management 59

Asset Management Assets Pension Funds Hedge Funds 59

Fortune Financial

AUGUST 7, 2023

Venture Capital Venture capital investments focus on financing startups and early-stage companies with significant growth potential. PwC reported that there is a significant shift among sovereign and public pension funds towards alternative investments. trillion in buyouts, highlighting its resilience and impressive growth.

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. PwC reported that there is a significant shift among sovereign and public pension funds towards alternative investments. trillion in buyouts, highlighting its resilience and impressive growth.

Hedge Funds 52

Hedge Funds Due Diligence Portfolios Leveraged Buyouts 52

The Big Picture

SEPTEMBER 19, 2022

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. From that experience, I realized that I really loved startups, but then I was never going to be good operator, but I thought I could maybe be a decent investor. Why is that?

Venture Capital 122

Venture Capital Capital Funds Startups 122

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. pension funds engaged in to the tune of hundreds of billions of pounds.

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. And it is slightly surreal. This traces its roots back to 18th century sugar trading, right? How old is Man Group? GREW: Well, it’s 240 years old. Put it that way, 1783.

Hedge Funds 64

Hedge Funds Finance Financing Funds 64

Private Equity Insights

JUNE 28, 2023

The pension fund is close to finalizing the sale of some of its Europe-focused investments and is in the middle of negotiations to reduce some of its US positions, one of the people said, who asked not to be identified due to the confidentiality of the matter. The pension fund held C$28.3 from the prior fiscal year.

Assets 130

Assets Pension Funds Bidding Startups 130

Private Equity Insights

JULY 4, 2023

APG, which conducts investments on behalf of Dutch pension fund giant ABP, confirmed the acquisition in a joint press statement with OMERS but did not disclose financial terms. OMERS, which has C$124.2 billion ($93.67 read more L3Harris Explores Sale of $1bn Avionics Unit L3Harris Technologies Inc.,

Private Equity Firms 130

Private Equity Firms Private Equity Firms Pension Funds Startups 130

Pension Pulse

NOVEMBER 25, 2024

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. funds and a number of Swedish entities. What a mess, Northvolt's collapse has hit many investors, including Canadian pension funds.

Pension Funds 59

Pension Funds Funds Finance Financing 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 5, 2024

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 OTPP, the Canadian pension fund, owns Willow Bridge Property Co., billion from US$3.1

Startups 59

Startups Venture Capital Pension Funds Amortization 59

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

Pension Pulse

SEPTEMBER 6, 2023

Advocacy groups have accused the private fund industry of unfair, conflicted and opaque practices that hurt everyday Americans who invest in such funds through their pensions. It's not as if some state pension fund benefits from opacity," SEC Chair Gary Gensler told reporters after the panel's vote.

Hedge Funds 64

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

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

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

The Big Picture

SEPTEMBER 23, 2024

We should be like, 00:06:58 [Speaker Changed] It’s 00:06:58 [Speaker Changed] A startup. And infrastructure today is bought by sovereign funds, big pension funds with a view that it is very steady. I write a business plan for it. Like, 00:06:56 [Speaker Changed] Like, you know, it’s a business.

Debt 59

Debt Leveraging Banks Leveraged Buyouts 59

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

The Big Picture

JANUARY 24, 2023

RITHOLTZ: So this is in pouring money into startups like venture does. KLINSKY: In the private equity fund and strategic equity fund, it’s the big pension funds in the U.S. It’s the sovereign funds around the world, in Europe and Asia. So, you know, those are just some examples.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

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? Workers Are Staying Put : Median job tenure in the US was unchanged from early 2020 to early 2022, and it isn’t much different from what it was in the 1960s. Bloomberg ). • Financial Times Alphaville ).

Pension Funds 69

Pension Funds Startups Education Assets 69

Pension Pulse

JUNE 3, 2024

And the focus of pension funds and other asset managers needs to squarely be on opportunities in the transition economy. How can pension funds take part in the new nuclear revolution? The world is heading toward net zero but the transition to net zero won't be linear and it will be full of economic and social potholes.

Securities and Exchange Commission (SEC) 59

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

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.

Funds 52

Funds Startups Investing Pension Funds 52

Pension Pulse

JULY 24, 2023

pension fund, has only about 11% of its assets invested in private equity, while Norway’s oil fund, one of the world’s largest wealth funds, has no investments in private equity at all. If I were running a pension fund, I would be very careful about what was being offered to me.

Pension Funds 88

Pension Funds Private Equity Firms Private Equity Firms Investing 88

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. 7) Gordon Pape wrote and op-ed for the Globe and Mail stating the Canada Pension Plan changes will raise contributions at a very wrong time.

Investing 59

Investing Buyout Stakes Assets 59

The Big Picture

APRIL 11, 2023

DAMODARAN: Or it could be some unique characteristic, pension funds pay no taxes. He said, don’t be a startup act that’s a stranger to the company, draw on the resources of the company, but make decisions as if you’re a startup. DAMODARAN: If you’re a startup, you want a storyteller.

Education 119

Education Finance Financing Taxes 119

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 Consulting 59