Epic Ventures has raised $52 million for its Epic Venture Fund V, according to a SEC filing. The Salt Lake City-headquartered firm began fundraising in 2013 with an undisclosed target.
Its previous fund raised $150 million in 2007.
Investors that committed to Epic Venture Fund V include the New Mexico State Investment Council and the Public Employee Retirement System of Idaho.
The fund will target venture capital opportunities in technology, media and telecommunications sectors in North America.