Fundraising

SVB Capital closes fourth fund at $225 mln

SVB Capital announced that it has closed its fourth fund on Monday, raising $225 million from 44 investors, according to a regulatory filing with the SEC.

London’s Forward Partners steps up and stands out from the crowd

OMERS Ventures closes Fund III, nets $300 mln in commitments

Canadian venture capital firm OMERS Ventures has closed its third fund, raising $300 million. OMERS Ventures Fund III secured commitments from the Ontario Municipal Employees Retirement System as well as third-party investors, including BMO Financial Group, CIBC, National Bank, Sun Life Financial, TD Securities and the Wafra Group. The close brings the firm's total capital managed to $800 million. Launched in 2011, OMERS Ventures has invested in 35 North American companies, which have raised an additional $1.2 billion in funding. Earlier this year, the firm led the $12 million Series B round of Ottawa dashboard software provider Klipfolio.

Dell combines venture units after EMC merger: Reuters

Dell Technologies Inc said on Monday it has combined the venture capital operations from its two predecessor companies, computer maker Dell Inc and data storage firm EMC Corp, and said it plans to invest about $100 million a year in startups through a newly combined unit, called Dell Technologies Capital.

Listen Ventures more than halfway to $30 mln target

Chicago-based early-stage investor Listen Ventures has raised $15.895 million for a targeted $30 million second fund, according to a regulatory filing. Jeff Cantalupo, a one-time vice president at the ad agency Leo Burnett, founded Listen Ventures in 2010. His profile says he has a passion for brand design.

Fund performance: Fast start for Polaris, DFJ in late-vintage venture portfolio

On the Bleeding Edge: Menlo Ventures finds new digs in SF; NVCA’s annual meeting and VR fund

BlueRun Ventures targets $200 mln for Fund VI

BlueRun Ventures, an investor in small business lender Kabbage and social discovery company Banjo, has filed to raise $200 million for its sixth fund, according to a regulatory filing. The Menlo Park, California-based firm raised $150 million for its previous fund in 2014.

Hesong Tang's maiden venture fund raises $261 mln

BDC to put $280 mln more to work in Atlantic Canada SMEs

The Business Development Bank of Canada (BDC) announced a $280 million financing package to support small and medium-sized businesses in Atlantic provinces. The money will be deployed over the next two years to companies pursuing growth opportunities via acquisitions, ownership changes and export strategies in such industries as information technology, agri-food, ocean technology and tourism. BDC said the amount represents a $100 million increase in its normal lending volume for these industries. Last week, the bank announced $1.8 billion in fresh funding for its mezzanine and minority equity investment arm.