Staff Writer

Veterans See Contraction, Upstarts See Opportunity in Global VC Survey

U.S. and European VCs are more pessimistic about industry size, fund-raising and the impact of government policies than their peers in emerging markets, says NVCA President Mark Heesen

Abbott Raises $110M for Diversified FoF

NY firm invests in VC and other PE funds

1-Year-Old Andreessen Horowitz Hungry for Second Fund

The newbie VC has already committed two-thirds of its $300M first fund in 24 companies, including high-profile names such as Skype, Zynga, Fusion-io and Foursquare

Polaris Cuts Target for Sixth Fund

The Boston-based firm plans to raise $400M, down from a target of $500M, with a final close expected in Q3 or Q4

Venrock Easily Raises Smaller Fund

The 15-year-old venture firm raised $350M for its sixth fund, down from $600M for its prior fund

GE Teams with VCs on Cleantech Contest

GE, Kleiner Perkins and three other venture firms plan to invest $200M in the winners of GE’s Ecomagination Challenge

Rustic Canyon Slims Down, Plans Smaller Fund

Southern California venture firm plans to hit fund-raising trail early next year for fourth fund $200M range

Persistence Pays Off for DFJ Mercury

Despite running into a “buzz saw,” the Texas-based firm managed to more than triple the size of its first fund

European Executive Moves, August

Personnel moves at Evolution Group, DN Capital, Energy Ventures, Balderton Capital, Heidrick & Struggles, Avista Capital Partners, Core Capital, BC Partners, Jefferies & Co., Oxford Capital Partners, Clayton, Dubilier & Rice and Kaye Scholer

European Fund Briefs, August

Fund-related news about the Irish government, Gilde Buy Out Partners, Lloyds Banking Group, Coller Capital, Acuity Capital, Midven, Finance Yorkshire and INKEF Capital