Venture capital

Carried Interest Loophole: A Possible Twist in the Old Debate

Jun 10th, 2014 | Filed under: Private Equity, Today's Post, 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.


Quantifying Alpha for Private Equity: Four Approaches

Mar 30th, 2014 | Filed under: Alpha Strategies, CAPM / Alpha Theory, Private Equity, Today's Post, Venture capital

I admire a new "direct alpha" approach to measuring the success of PE portfolios. So will anyone who has had to tell a friend or loved one, "just come out and ask me please!"


Commonfund: Looking in a Rear View Mirror for Driving Lessons

Jan 20th, 2014 | Filed under: Alpha Strategies, Private Equity, Today's Post, Venture capital

The crucial generalization to be drawn from the last three decades of alternatives investing by institutions is that generalization is tricky. Even within one type of structure, such as VCs, broad statements have to take account of the wide dispersion in returns, "making manager access and selection key determinants of success."


The Morgans Hotel Group Fight: Part Two

Jul 14th, 2013 | Filed under: Private Equity, Today's Post, 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.


The Morgans Hotel Group Fight: Part One

Jul 11th, 2013 | Filed under: Private Equity, Today's Post, 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.


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

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

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


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

May 27th, 2013 | Filed under: Alpha Strategies, Private Equity, Today's Post, Venture capital

Guest columnist John Bhakdi looks at structured seed capital


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

May 23rd, 2013 | Filed under: Today's Post, Venture capital

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


On Not Using the Phrase ‘New Normal’ Here

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

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.


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

Aug 29th, 2012 | Filed under: Alpha Strategies, Institutional Investing, Private Equity, Today's Post, 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”.


The Skorina Report: A Conversation with Srini Pulavarti

Aug 1st, 2012 | Filed under: Institutional Investing, The Skorina Report, Today's Post, Venture capital

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


Venture capital is not dead, but bad venture should be

Jun 29th, 2012 | Filed under: Editorial, 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?


Alpha Hunters: The Mobile Payments Opportunity

Jun 13th, 2012 | Filed under: Alpha Hunters, Alpha Strategies, Private Equity, Today's Post, 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.


Alpha Hunters: Looking at Alternative Investments From the Inside Out

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

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.


Angel Investors Return to the Very Beginning

Nov 14th, 2011 | Filed under: Angel investing, Private Equity, Real Estate, Today's Post, Venture capital

Angel investors are returning to provide seed-stage capital and job growth. slowly recovering after the financial crises of 2008 and 2009.