TLDR:
- San Jose Police boosts its exposure to venture capital investments.
- The $5 billion pension fund has backed funds such as Innovation Endeavors, Sierra Ventures, and Upfront Ventures.
In a recent development, the San Jose Police pension fund has increased its venture capital exposure. Over the past year, the $5 billion pension fund has invested in funds managed by Innovation Endeavors, Sierra Ventures, and Upfront Ventures. This move signifies a strategic shift towards diversifying the fund’s portfolio and exploring new investment opportunities in the venture capital space.
San Jose Police has shown a willingness to explore new avenues for investment and is actively seeking opportunities in the venture capital sector. By backing funds with a strong track record and industry expertise, the pension fund is positioning itself to potentially benefit from the growth and innovation in the venture capital market.
Overall, this increase in VC exposure by the San Jose Police pension fund highlights the fund’s commitment to exploring new investment opportunities and diversifying its portfolio to achieve long-term financial growth and stability.