Browsing: Venture capital

Venture capital

Funds of Funds and the Task of Financial Intermediation

Jan 12th, 2017 | Filed under: CAPM / Alpha Theory, Financial Economics Theory, Newly Added, Venture capital, Private Investments, Finance & Economics

Are funds of funds a valuable form of intermediation? Robert Harris, of the University of Virginia, Darden School of Business, and three other distinguished scholars looked at this question in a Darden Business School Working Paper, and they decided that, at least with regard specifically to the role of FOFsRead More

Local and Global VC Need to Work Together for Best Results

Nov 27th, 2016 | Filed under: Newly Added, Venture capital, Other Issues in Private Investments, Private Investments

Thomas J. Chemmanur of Boston College, Carroll School of Management, and two other scholars looked into the issue whether local venture capitalists “play well together” with international VCs, and vice versa. The resulting paper, in the latest issue of the Journal of Business Venturing, suggest that entrepreneurs benefit by bringingRead More

Wrangling the Unicorns: Yale celebrates their VC heroes

May 15th, 2016 | Filed under: Private Equity, Newly Added, Institutional Investing, Venture capital, High-net-worth investors, Endowments & Foundations, Institutional Asset Management, Private Investments, Allocating to Alts

Yale, in their 2015 annual report issued this month has broken out their private equity allocation into two distinct segments: Leveraged Buyouts and Venture Capital.  See: This is the first time in many years they’ve offered that level of detail.  And they’ve given the whole report a VC-and-entrepreneurial theme, supplementing theRead More

Tax & Election Seasons Create Alternative Altercations in the US

Apr 20th, 2015 | Filed under: Real Estate, Venture capital, Legislation/Court rulings, Partner accounting

As a general rule, politicians [mostly] on the Democratic side benefit by raising the issue of the taxation of carried interest during campaigns and then quietly letting it die, as their donors expect, when the legislature is actually working on tax bills. It's a way of signaling who is a "populist" and who isn't. Read More

Old-Line Oil and Coal are Techno and Exciting These Days

Oct 1st, 2014 | Filed under: Venture capital, Alternative energy, Energy

Revolution is underway in the energy world. For investors, one of the most unexpected facts about this revolution is that it permeates precisely those portions of the energy sector long thought sleepy and conventional: the fossil fuels. Read More

Celent Reports on Equity Crowdfunding

Sep 23rd, 2014 | Filed under: Retail Investing, Venture capital, Crowdfunding

A new report from Celent discusses the as-yet unimplemented Title III of the JOBS Act. Celent's Isabella Fonseca offers suggestions for how both wealth managers and tech providers might benefit. Read More

Preqin on PE Distributions & Call-Ups in 2013

Aug 18th, 2014 | Filed under: Private Equity, Alpha Hunters, Alpha Strategies, Venture capital

The 2013 performance of the private equity industry, given any of several metrics, was quite strong. Why? In part because the exit environment has been very good. Read More

Carried Interest Loophole: A Possible Twist in the Old Debate

Jun 10th, 2014 | Filed under: Private Equity, Venture capital

As always, government wants revenue, and by what is now a reflex action heads have turned to the issue of carried interest. Faille speculates that little, if anything, will happen at the federal level, but that we may soon see a shift in the location of the action. Read More

The Morgans Hotel Group Fight: Part Two

Jul 14th, 2013 | Filed under: Private Equity, Venture capital

Yucaipa has filed a federal lawsuit that accuses OTK of deceiving the shareholders of Morgans Hotel by misrepresenting the recommendations of two shareholder advisory services. As a legal argument this is ... surprising. Read More

The Morgans Hotel Group Fight: Part One

Jul 11th, 2013 | Filed under: Private Equity, Venture capital

The holding in Kalisman v. Friedman says that there are limits to what the majority of the board can do to keep its dissident isolated and in the dark. That is the right way to grow mushrooms, not the right way to treat a fellow director. Read More

Part III: The Future of Venture Capital: A New Path to Growth

May 28th, 2013 | Filed under: Private Equity, Alpha Strategies, Venture capital, Alpha Seekers

Guest columnist John Bhakdi looks at the future of venture capital in this final segment of a three-part series.Read More

Part II: Structured Seed Capital: Capturing Technology Start-ups In Optimized Clusters

May 27th, 2013 | Filed under: Private Equity, Alpha Strategies, Venture capital

Guest columnist John Bhakdi looks at structured seed capitalRead More

Part I: Nuggets vs. Pioneers: Is Venture Capital Dying?

May 23rd, 2013 | Filed under: Venture capital

In Part I of a three-part article, guest columnist John Bhadki looks at the health of venture capital.Read More

On Not Using the Phrase ‘New Normal’ Here

Sep 26th, 2012 | Filed under: Real Estate, Private Equity, Institutional Investing, Venture capital, Asset allocation

Acceptance of the higher levels of volatility as a fact of life means that careful ongoing attention to risk has become the means of operations. In the United States specifically, 31 percent of institutions say that they monitor their risk budget daily to keep the overall amount of risk in the portfolio under check: more than half (53 percent) say that they do such monitoring on a weekly or monthly basis.Read More

Kauffman Hits VC Returns, LP Dupes, and J Curve Mythology

Aug 29th, 2012 | Filed under: Private Equity, Institutional Investing, Alpha Strategies, Venture capital

In a study of its own portfolio the Kauffman Foundation found that only twenty of 100 venture funds “beat a public-market equivalent by more than 3 percent annually”.Read More

The Skorina Report: A Conversation with Srini Pulavarti

Aug 1st, 2012 | Filed under: Institutional Investing, Venture capital

Charles Skorina talks to Srini Pulavarti about the role of the outsourced CIO for endowments.Read More

Venture capital is not dead, but bad venture should be

Jun 29th, 2012 | Filed under: Private Equity, Venture capital

A recent Kauffman Foundation Study draws daunting conclusions regarding their 20 year experience in the venture capital sector. AARM Founder, Gitanjali Swamy, believes Good Venture exists and shares a road map to help investors find attractive pockets of investment opportunities in venture. What do you think about the future of venture capital in the United States? Read More

Alpha Hunters: The Mobile Payments Opportunity

Jun 13th, 2012 | Filed under: Private Equity, Alpha Hunters, Alpha Strategies, Venture capital

AllAboutAlpha talks to Jalak Jobanputra, MD at RTP Ventures on the mobile payments market, which is set transact over US$1 trillion by 2016.Read More

Alpha Hunters: Looking at Alternative Investments From the Inside Out

Jun 7th, 2012 | Filed under: Hedge Fund Industry Trends, Real Estate, Private Equity, Hedge Fund Strategies, CTA, Derivatives, Institutional Investing, Alpha Hunters, Alpha Strategies, Venture capital, Forex

A deeper look at alternatives with Dr. Bob Swarup, a world-renowned expert and commentator on alternatives and financial markets as well as being a visiting fellow at London School of Economics.Read More