US energy companies are making plans to go public at the fastest rate in 6 years. Finally, investors are recovering from a hangover of debt-fuelled drilling that racked up huge losses. Oil & gas will play an important role in the energy system for decades to come.
TAKEAWAY - Despite the spikes, best way to visual how $80 per barrel is priced into the oil market.
Funding for venture capital funds has fallen off a cliff
One cause of this nine-year low in venture fundraising is LP’s risk aversion at the current moment, but a larger cause is likely to be fewer venture funds trying to raise capital during tumultuous times.
“Venture firms raised $20.6 billion in new funds in the fourth quarter. That was a 65% drop from the year-earlier quarter and the lowest fourth-quarter amount since 2013, according to data firm Preqin Ltd.,"
2022 results for university endowment financial returns has been published and the picture is not pretty.
Only eight endowments in the entire country made money on a nominal basis last year and zero — yes, you read that right….zero! — endowments made any profit on a real return basis.