Traverse targets $100 mln for debut fund

Traverse Venture Partners is seeking to raise $100 million for its inaugural fund, according to an SEC filing. Founded in October 2015, the Washington, D.C.-based growth equity firm focuses on the real estate industry. Recently, the firm co-led an $11.7 million Series B round for San Jose, California-based Mercatus, a provider of energy finance solutions, as previously reported by PE HUB.

4 February 2016•1 min read
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