Pension plan investing in a startup? Is this common? I would have expected them to be much more risk-averse.
The OTPP has a team for investing in late stage startups (Series B onward), “Teachers’ Venture Growth.” Seems rational if you believe you can gain asset class exposure at a lower cost than outsourcing it to the usual VCs ($10B invested).
Noumenon72•6h ago
anonzzzies•3h ago