Thorben Hett returns to Pinegrove Venture Partners as managing partner. The VC veteran rejoins the $12bn platform after leading Five Arrows Global Technology and previously running ADIA’s venture program. Read more: okt.to/Crnqzc #VentureCapital

Venture fundraising is getting tougher and more managers may struggle to survive the cycle. GreenBear Group’s Vishnu Amble shares an LP perspective on larger fund targets, delayed distributions and the rise of dormant venture funds. Read more: okt.to/MAGhgv

Backing Minds believes success can be found in venture’s blind spots dlvr.it/SddDN0

A BIPOC tech accelerator grows in Brooklyn dlvr.it/SdZNnM

Meeker’s Bond gives ESG a big boost by signing PRI dlvr.it/SdTzLr

Motive deal continues trend of PE firms buying VCs dlvr.it/SdGCy1

Relay Ventures’ Fund V secures C$10m from Alberta Enterprise Corp dlvr.it/SdFpyw

Missouri pension takes hit from FTX crackup dlvr.it/Sd0c8K

Friday Letter: Pesky pensions pare their PE plans dlvr.it/SczZ87

Active VC investor Sacramento County to cut PE pace dlvr.it/ScyDFW

Invesco anchors Fiat Ventures’ debut fund for fintechs focused on underserved populations dlvr.it/Scsll1

Heartland raises $52m for Fund II as interest in Midwest picks up dlvr.it/ScqqCF