The giant manager has been an investor in growth-stage companies for many years, but it was time for a dedicated venture fund.
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Jeremy Heer’s mandate at the University of Illinois Foundation includes finding new investment ideas. So he’s creating a network “to put us one point of contact away from anyone in the world that we want to talk to.”
Organizations with multidecade time horizons and timeless values that are central to their purpose can’t fall prey to the news cycle, writes the Doris Duke Foundation’s Leena Bhutta.
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