PERA Injects Capital into Colorado
The Colorado Public Employees Retirement Association (PERA) has defined a strategy where they will invest in venture capital or private equity linked to Colorado. They have just issued an RFP for a private equity manager to run $25 million to $50 million in an in-state investment fund. PERA has $38.3 billion in its defined benefit plan, with 9%, or 43,4...
Capital$ in Colorado
This is a rundown of some innovative Colorado start-ups and entrepreneurial businesses that have successfully raised venture capital in the past few weeks. Fort Collins-based VanDyne SuperTurbo has raised $8 million to grow and hire more employees. VanDyne currently employs 13 people. Inspirato reports that they have raised $20 million for Institutional Venture Partners of California. Inspirato is a Denver luxury destination...