Kaitlyn Landgraf Bartley

UC cuts management fees, is mum on details

UC cuts management fees, is mum on details

B Capital Fund holds second close of $181 mln

Facebook co-founder Eduardo Saverin’s B Capital Fund has held a second close of $181 million, according to a regulatory filing. B Capital Group has offices in Los Angeles, San Francisco and Singapore, and was founded by Rajarshi Ganguly and Saverin, who moved to Singapore in 2011. It invests in financial services, healthcare, and transportation industries worldwide, according to its website. The fund closed an initial $143.6 million a year ago. So far, 29 investors have committed to the fund, which does not list a target amount.

U.S. fintech investing remained cautious in Q1

UK-based VC fundraising drops in 2017

Bridge Line Ventures targets $100 mln fund

Bridge Line Ventures has closed $653,456 of a targeted $100 million fund, according to a regulatory filing. The firm is based in Boca Raton, Florida, and is led by Leonard Sokolow, Robert Abrams and Robert Spitler.

River Cities Capital Funds targets $200 mln sixth fund

River Cities Capital Funds is targeting $200 million for its sixth fund, according to a filing with the SEC. The Cincinnati, Ohio-based firm is led by Daniel Fleming, J. Carter McNabb, Robert Heimann and Rurik Vandevenne, and invests in healthcare and information technology startups, according to its website. The fund has yet to secure any investor commitments.

Outpost Capital raises $5 mln of targeted $50 mln fund for AR/VR

Outpost Capital has raised $5 million for a targeted $50 million inaugural fund, according to a regulatory filing. The Mountain View, California, firm is led by Ryan Wang and Sha Zhou, and invests in virtual and augmented reality, artificial intelligence, and blockchain technologies with an emphasis on China. The $5 million comes from one investor.

VC returns lag other PE assets in UC endowment, pension

Work-Bench Ventures targets $40 mln for second fund

Work-Bench Ventures is aiming to raise $40,000 for its second fund, according to a regulatory filing. The firm, based in New York, is led by Jonathan Lehr and Jessica Lin. It co-invests in Series A and B deals in big data, AI, and data-driven security technologies.