Question:Why would a teachers' pension fund, a seemingly conservative pool of capital, invest in a venture capital firm? 

A They are secretly trying to generate income without letting the teachers know. 
B The investment in a venture capital firm is most likely a small, though the riskiest, portion of their overall portfolio. 
C They don't see it as risky and trust the venture capital firm to generate big returns. 
D There are no laws protecting the teachers; so the pension fund can invest as they deem fit. 

+ Answer
D 

+ Explanation
Answer not sure

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Md. Habib Ullah

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