| June 2009 |
Dr. Josh Lerner, Jacob H. Schiff Professor of Investment Banking at Harvard Business School, joins GSA as a Senior Advisor. |
| February 2009 |
Dr. Kiran Rao joins GSA as a Principal from Boston Consulting Group. |
| April 2008 |
GSA client launches a second diversified private equity program at $200 million. |
| February 2008 |
Returning GSA client initiates a second venture capital program at $200 million. |
| January 2008 |
OPERF approves NEV III at $400 million to continue targeting small funds. |
| December 2007 |
IFM Australia creates second program with GSA targeting US venture and smaller buyouts. |
| May 2007 |
Family office client launches second program at $140 million. |
| February 2007 |
Phoenix Assurance Company (Israel) launches a diversified private equity program with GSA. |
| September 2006 |
CalPERS initiates CEV IV program and another client for whom GSA is managing a venture capital program approves a separate $150 million vehicle targeting smaller buyout funds and hard to access mid-sized buyout funds. |
| July 2005 |
New client program launched to target $150 million in venture and buyouts and $50 million in secondaries. |
| June 2005 |
Frank Angella and Chris Yang promoted to General Partner. |
| May 2005 |
Program launched with IFM Australia targeting US venture and buyouts. |
| February 2005 |
Oregon (OPERF) approves follow on NEV II program at $300 million to continue strategy focused on smaller funds. |
| June 2004 |
Finnish LGPI Ventures launched to invest $125 million in US venture firms on behalf of Finland's Local Government Pensions Institute. |
| April 2004 |
New client program targeting $75 million in venture commitments launched. Program later increased to $200 million. |
| November 2003 |
GSA launches program for a family office targeting all segments of private equity with an approximate commitment level of $100 million each 3 year fund cycle. |
| September 2002 |
Selected by AlpInvest (formerly NIB Capital), the Dutch combined pension system, to manage NIB Ventures, a $100 million program targeting new and emerging venture funds. |
| July 2001 |
Barry Gonder joins from CalPERS as GSA's fifth Partner; Chris Yang and Frank Angella join as GSA's first Principals. |
| June 2001 |
Completed full registration with SEC as an investment advisor under the 1940 Act. |
| March 2001 |
CEV III ($500 million) approved by CalPERS, and investment mandate expanded to include both venture and non-venture. |
| June 2000 |
Selected by Oregon Public Employees' Retirement Fund (OPERF) to manage $250 million account targeting smaller private equity funds across venture and buyouts. |
| April 2000 |
CEV II approved by CalPERS and capitalized with $400 million and later increased to $480 million. |
| June 1999 |
GSA's first "Turn-Key" investment is completed - the spinout of the Audax Group from Bain Capital. |
| February 1999 |
Ann St. Germain joins from E & Y as GSA's fourth partner and CFO. |
| October 1998 |
Selected by California Public Employees' Retirement System's (CalPERS) Board from 16 applicants to manage a $350 million dedicated account primarily targeting venture capital. |
| May 1998 |
Grove Street® launched as an investment advisory firm covering the full range of private equity; three founding partners; owned solely by management. |
