Fundraising

Mangrove Capital Partners raises $170 mln for fifth early stage fund

Mangrove Capital Partners said it raised $170 million for a fifth early stage fund targeting investments in Europe and Israel.

Bain closes $390 mln Double Impact Fund, inks first two deals

Secondary market fundraising slows in the second quarter

Secondary market fundraising slowed in the second quarter with just five funds raising $4 billion, according to Preqin.

Five questions with John Ruffolo, CEO of OMERS Ventures

Qumra Capital collects $115 mln for sophomore fund

Qumra Capital has raised $115 million for its second fund. The target is $150 million. The Israeli firm will provide growth funding to promising late stage companies.

On the Bleeding Edge: Funds for and by women and what to do when VCs go on vacay

Dashboard: Fundraising spikes in June, deal activity falls

LionBird racks up over $35.2 mln for sophomore fund

LionBird Venture Capital has raised over $35.2 million for its second fund, according to an SEC filing. Based in Tel Aviv and Evanston, Illinois, LionBird is an early-stage venture firm that invests in companies "re-imagining traditional offline industries via the use of online technologies."

Wellington Financial opens New York office, hires Robin Gill

Canadian specialty finance firm Wellington Financial has opened its fourth North American office in New York City. To lead the firm's New York team, it also recruited Robin Gill as a partner. Gill previously served as a senior vice president at City National Bank, where he was responsible for technology debt financings. Before then, he worked as a director at Silicon Valley Bank. Wellington President and CEO Mark McQueen said “New York and New Jersey have been a great market for our firm," with financings of ten venture-backed companies closed to date. Wellington is based in Toronto.

Evolution Equity Partners raises $125 mln venture capital fund

Evolution Equity Partners said it raised $125 million for a venture capital fund to invest in cybersecurity and enterprise software and services in North America, Europe and Israel, according to a press release.