Fundraising

5AM Ventures targets $350 mln for fourth fund

5AM Ventures is seeking to raise $350 million for its fourth fund, according to an SEC filing. Based in San Francisco and Boston, the venture firm invests in early-stage life science companies.

Humbition collects $30 mln for new fund

Humbition, a newly launched early-stage venture firm focused on founder-led companies in New York City, has raised $30 million for its new fund. Zocdoc founder Cyrus Massoumi and Indiegogo founder Slava Rubin lead Humbition.

Epiris wraps up new fund

UK-based private equity firm Epiris has closed its new fund at 821 million pounds. The fund's investors include public and private pension funds, endowments and foundations, asset managers and private investors. Campbell Lutyens was the financial adviser and placement agent.

Balderton Capital collects $145 mln for fund

Balderton Capital has raised $145 million for a new fund that will buy equity stakes from early shareholders in European tech startups. Daniel Waterhouse, a partner at Balderton, will lead the new fund.

Adams Street Partners collects $426 mln for second early-stage venture fund

Adams Street Partners has raised $426 million for its second early-stage venture fund. The investors included institutional public and corporate pension plans, high-net worth individuals, family offices and endowments.

Cottonwood Venture Partners wraps up maiden fund at $32 mln

Cottonwood Venture Partners has closed its debut fund at $32 million. Vinson & Elkins LLP served as fund formation counsel to CVP. Based in Houston, CVP invests in companies that provide digital solutions for the oil and gas industry.

Venture capital, emerging manager roundup: Amplify, Contour and more

HACK Fund wants to upend venture-fee model with $100 mln pool

Floodgate’s Ann Miura-Ko: Follow-on capital a secret to top returns

Fund Performance: UTIMCO’s VC portfolio, 2016 vintage