Private Equity
Fintech-focused Nyca Partners has raised $129 million for its third fund, which is targeted at $200 million, according to a regulatory filing. The filing says Nyca has raised the commitments from 47 investors. The New York firm, which was launched in 2014 by Managing Partner Hans Morris, a long-time Citigroup banker and former president of Visa, raised $125 million for its previous fund.
1 min read · 01 August 2018
Flare Capital Partners is seeking to raise $200 million for its second fund, according to an SEC filing. The Boston-based firm backs early-stage and emerging healthcare technology companies.
1 min read · 01 August 2018
Strawberry Creek Ventures is seeking to raise $4 million for its maiden fund, according to an SEC filing. Strawberry Creek Ventures is a venture fund for alumni of University of California, Berkeley that invests in companies with a UC Berkeley connection.
1 min read · 31 July 2018
2 min read · 31 July 2018
San Francisco-based Fuel Capital, which raised more than $46 million in 2016 for its second fund, is seeking to raise $75 million for its third early-stage fund, according to a regulatory filing. Listed as partners on the filing are Founding Partner Chris Howard, a former seed-stage investor at Ignition Partners, and Leah Busque, the TaskRabbit founder who joined the firm last fall as its second general partner.
1 min read · 30 July 2018
Blue Lake Capital has raised $138.9 million for its second fund, according to an SEC filing. The target is $200 million. The Chinese venture firm focuses on a wide number of sectors that include technology, media, telecommunications, big data, travel, education and auto sectors.
1 min read · 30 July 2018
March Capital Partners has raised over $120 million for its second fund, according to an SEC filing. The target is $150 million. The Santa Monica, California-based venture firm backs tech companies.
1 min read · 27 July 2018
Hippocrates Ventures is launching a debut venture fund with a minimum of $10 million. The fund will focus on digital therapeutics. Its investors consists of 250 doctors.
3 min read · 26 July 2018
Business Development Bank of Canada (BDC) today provides financing and advisory services to 56,000 entrepreneurs, a record number and up 14 percent from last year, according to BDC's fiscal 2018 annual report. Capital managed by BDC Capital, the mezzanine, growth equity and venture capital investment arm of BDC, currently totals more than $3 billion, the report said. The mid-market portfolio of the Growth and Transition Capital division also reached a major milestone in fiscal 2018, exceeding $1 billion in investments. BDC reported earned consolidated net income of $818.3 million in fiscal 2018 as well as a payment of a $69.7 million dividend to the Canadian government.
5 min read · 26 July 2018
2 min read · 26 July 2018
