83North has held a final close of its oversubscribed fifth flagship fund, 83North V, at $300 million. The fund will target European and Israeli consumer and enterprise technology companies at all stages. The firm’s areas of expertise include: data center and cloud, enterprise software, marketplaces and fintech.
The close of its latest fund brings the firm’s total assets under management to $1.1 billion.
83North IV closed at $250 million in April 2017.