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Council members will have the option of investing in the fund starting next year.
In the AllianceBernstein model, an increasing portion of the target-date assets are shifted to a special guaranteed fund starting at age 50, with 100 percent in that fund by five years before the retirement date.
ICICI Venture Fund Management will seek $1.5 billion for a private equity fund starting next week, and may raise an equal amount for a real estate fund, Renuka Ramnath, the firm's chief executive, told Bloomberg.
That investor's allocation to each fund starting at the beginning of each year would be: Here are the actual 10-year results using this Core-4 allocation.
IQ Capital is not the only fund starting to focus on deep tech, nor is its portfolio the only range of startups focusing on this (Allegro.AI and deep-learning chipmaker Hailo are others, to name just two).
Update: A spokesperson for GV confirmed it will be operating as a global fund starting in January, telling TechCrunch: "This gives us more flexibility and dollars to invest in the best founders and companies, regardless of where they are based, and reduces limitations of a specific fund size.
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The fund started in 1980.
But what happens if the fund starts to drop?
The fund started buying shares in January 1998, paying £8.03.
The Morgan Stanley Competitive Edge Best Ideas fund, started in February 1998, was an early entrant.
Leon Black's hedge fund starts buying the debt for as little as 20c on the dollar.
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