The Venture Intelligence Blog

Sunil Gottipati is a Principal with Princeton University Investment Company (Princo), the agency responsible for the management of Princeton University’s over $14 billion endowment. Venture Intelligence recently spoke to Gottipati who is active in managing the endowment’s allocations to Private Equity, including in emerging markets like India and China. This interview first appeared in the latest issue of the Venture Intelligence India Private Equity Roundup Quarterly Report . Venture Intelligence: Can you give us an overview of Princo’s investments in Indian Private Equity/Venture Capital funds? Sunil Gottipati: It is important to highlight that the investment approach at Princo is predominantly bottom-up. While we have articulated a goal of increasing the percentage of the endowment that is invested in markets outside the US, implementation of this goal is dependent on us finding high-quality “foreign local” managers based outside the US, a task that is often challenging. We maintain...

Venture Intelligence recently spoke to Johanna L. Klein, Investment Officer, Capital Markets and Financial Sectors Division of the Asian Development Bank (ADB), who is active in the multilateral development financial institution’s investments into private equity funds across Asian emerging markets. Venture Intelligence: What is ADB’s outlook on new Private Equity fund investments in India? Johanna Klein: Our starting point is that, as a development bank, we should always have some clear value addition in the role we play in private equity. Starting several years ago, there began to be a lot of money from commercial sources going into generic Indian PE funds, so we cut down our investing in sector-agnostic funds and started focusing on niche type funds. Subsequent to that, most of what we have invested in India has been in clean energy and cleantech type of funds. Going forward, apart from cleantech, we will look at the healthcare sector, the education sector, and other “bottom of the...

Chris Douvos has put up an interesting set of slides on how institutional investors view VC funds as an asset class. (Section 4: Whither Venture Capital Allocations? is especially interesting.) Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of data and analysis on private equity, venture capital and M&A deals in India. View free samples of Venture Intelligence newsletters and reports. Email the author at arun@ventureintelligence.in