(Institutional Investor) Alongside Bono, Richard Branson, and eBay founder Pierre Omidyar, private equity firm TPG launched the Rise Impact fund in 2016. The offering committed “to deliver positive and sustainable impact” while creating a “top-performing fund.”
(PR Newswire) The National Venture Capital Association (NVCA) today launched Venture Forward, a 501(c)(3) non-profit to shape the future of venture capital and meet the growing needs of the venture capital (VC) industry that extend beyond public policy. Venture Forward will drive the human capital, culture, values, and narrative of venture capital, to promote a strong…
(Forbes) Three months ago, in what seems like another age, I wrote about the concept of dynamic materiality. It was developed by Thomas Kuh, Andre Shepley, Greg Bala, and Michael Flowers of Truvalue Labs (TVL), a San Francisco-based technology company (to whom I’m an advisor) which uses AI and big data to develop signals on…
(Forbes) Justin Caldbeck, the venture capitalist who resigned from his firm after six women accused him of unwanted sexual advances in the course of talking to him about their tech companies or other business deals, is investing in startups again. According to messages reviewed by Forbes, Caldbeck claims to have made small, angel investments in…
(Politico) A number of companies in Patrick’s “impact investing” portfolio have been hit by lawsuits.
(Built In) It comes down to big-picture thinking and actionable next steps. Diversity, equity and inclusion is a problem that the tech industry seems to talk a lot about, but hasn’t yet figured out how to fix. In an effort to bridge that gap, a group of powerful stakeholders in the Chicago tech ecosystem are…
(Financial Times) When private equity firm Abraaj faced allegations of mismanaging its $1bn healthcare fund last year, executives recognised that a neutral external company with a trusted reputation would be needed to investigate.
(Financial Times) Almost a third of the signatories placed on a watchlist by an influential UN-backed responsible investment initiative are at risk of being booted out of the body.
(Pitchbook) The entity, based in Washington, DC, is being dubbed an extension of The Rise Fund, the $2 billion impact vehicle TPG founded alongside Bono in late 2017. Maryanne Hancock, a former executive at McKinsey, will lead the new initiative.
(Fast Company) There was a time when tech companies could grow to be unbelievably massive while facing little interference from the hand of regulation, but venture capitalist Hemant Taneja thinks that era is ending. In his new book Unscaled: How AI and a New Generation of Upstarts Are Creating the Economy of the Future (PublicAffairs), he offers a…