Saturday, 18 April 2015
Last updated 4 hours ago
Jun 23 2006 | 8:43pm ET
The $204 billion California Public Employees Retirement System has committed an additional $30 million to a venture capital fund aimed at helping grow businesses in the Central Valley. The plan first invested in the Central Valley Fund in October 2004 and now has $40 million allocated to the fund.
"The Central Valley is an emerging market of California," said Rob Feckner, president of CalPERS Board of Administration, in a statement. "It is an area that has enormous investment potential and a strong foundation of quality, diverse businesses." The Central Valley Fund targets businesses that are at least five-years-old, generate revenues between $5-50 million and have a strong market niche and management team.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…