Kleiner Perkins To Double Green Growth Fund
Kleiner Perkins Caufield & Byers is aiming to raise an additional $1.25 billion for four of its recent funds, according to regulatory filings. The biggest markup will be to the firm’s Green Growth Fund, which will double to $1 billion if the firm hits its fundraising target. peHUB had originally broken news of the new fundraising effort last month. It is also aiming to raise an additional $250 million for its thirteenth fund, which would put that investment vehicle at $950 million. In addition to its two most recent funds, Kleiner Perkins is raising annex funds for its twelfth and eleventh funds as well. Those funds are targeted at $350 million and $150 million respectively.
12 February 2009•1 min read
