'So we like GPs that have an exit committee or a real disciplined process around managing exits,' Kadziela explained during an interview on the sidelines of PEI Group's NEXUS 2025 conference.
The emerging manager has found traction by targeting investors who are health and wellness influencers, including two with more than 630,000 followers combined on TikTok and Instagram.
Of the four private equity commitments the pension has made since 2019, two were for venture capital funds and one was for a growth equity vehicle.
PE strategies haven’t deviated significantly as a reaction to geopolitics or market conditions, according to a trio of LPs who spoke at a NEXUS 2025 panel.
The backlash against diversity, equity and inclusion efforts has prompted an emerging manager focused on LGBTQ+ entrepreneurs to give up on his effort.
LPs are just as happy with a successful exit as a founder as they are with a successful investment history when it comes to fundraising, advises Senofer Mendoza of Mendoza Ventures.
The public pension has committed a combined $95m to venture funds managed by Upfront Ventures, StepStone Group and Mission BioCapital since 2019.
We spoke to a dozen LPs for our cover story. They are upbeat about VC and, despite a lack of distributions, appear keen on supporting venture managers or pursuing new ones.
A refreshed commitment to a new BlackRock SMA will focus on co-investments.
The asset manager is targeting a ‘broader audience’ than before.