EMAIL DETAILS

I think these funds may be under the direction of Gavin.


San Francisco commits to venture cap, buyout funds

By Randy Diamond
<http://www.pionline.com/apps/pbcs.dll/personalia?ID=RDIAMOND>
January 11, 2011, 4:29 PM ET

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San Francisco City
<http://www.pionline.com/section/researchcenter-profiles&dir=plan-sponsors&p
age=db&R=429821> & County Employees' Retirement System on Tuesday committed
a total of up to $90 million to three Weathergage Capital venture capital
funds of funds and up to $20 million to GTCR Fund X, a buyout fund.

The $14.9 billion system committed up to $50 million to Weathergage Project
A, and up to $20 million each to Weathergage Venture Capital II and
Weathergage Micro-Venture Capital Overage Fund.

The Weathergage commitments will give the system a way to partner directly
with elite venture capital funds, while preserving confidentiality
requirements imposed by the managers, according to an investment staff
recommendation given to board members.

The GTCR fund will focus on small/middle market buyouts, according to the
investment staff recommendation. The fund's target is $3 billion.

Contact Randy Diamond at rdiamond@pionline.com


Read more:
http://www.pionline.com/article/20110111/DAILY/110119975#ixzz1BS1YpyfK


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