Staff and consultants of the $5bn Silicon Valley pension are bullish about opportunities in a depressed VC marketplace.
The $60bn fund and Roadrunner Venture Studios are pairing up with America’s Frontier Fund, Crosslink Capital, Khosla Ventures and others to build a robust VC ecosystem rooted in New Mexico.
Planeteer Capital closed its debut fund with anchor investments from an Ivy League university endowment and Mike Schroepfer, former CTO of Meta and a partner at Gigascale Capital, after pitching more than 400 potential LPs.
The $82bn Southern California pension’s staff are expressing confidence in the direction of the portfolio despite relinquishing a spot as a top performer from early PE program.