Matrix Partners Dives Into Special Ops

Venerable venture capital firm Matrix Partners is in the midst of raising two new funds, according to regulatory filings. The larger pool of capital would be for Matrix Partners IX, which is targeting the same $450 million that was raised for Matrix Partners VIII back in 2006 (technically $445m, but you get the point). Typical VC fund, and an LP source tells me that the final close is all but a formality at this point. The other fund is a bit more mysterious. It's called Matrix Partners Special Opportunities Fund, and is targeting $150 million.

21 July 2009•2 mins read
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