|
Laxman Pai, Opalesque Asia: The five most active investors in US venture capital are pension funds. US venture capital attracts a range of investors, and almost a quarter are located outside of North America, said a study.
San Francisco Employees' Retirement System (SFERS) and Retirement Plans of Duke University (RPDU) sit atop the table, each with 69 known commitments to vintage 2010-2019 US-based venture capital funds, said Preqin.
Of the most active investors in US-based VC funds by the number of known fund commitments, Texas County & District Retirement System is the only institution with an active mandate. The pension fund is planning to commit $1.8bn across private equity & venture capital funds in the next 12 months.
US-based venture capital funds attract capital from a range of investors globally, the report said.
Foundations account for the largest proportion (20%) of investors active in US-based venture capital funds, followed by the private sector (13%) and public (12%) pension funds.
North America-based institutions represent 76% of all investors active in US-based venture capital funds. That said, with 24% of investors based outside of North America, the demand for US venture capital vehicles extends across the globe.
US-based venture capital funds are targeted by investors of all sizes. The majority (67%) of active investors manage at least $1bn in assets, including 12% that manage at least $50bn.
But smaller investors still take up ...................... To view our full article Click here
|
RSS
