Private Equity
White Plains, N.Y.-based Rethink Education has raised $67.175 million toward a $125 million targeted second fund, according to a regulatory filing. The filing indicates the firm has raised the commitments from 44 investors. Rethink raised $25 million for its first fund, which closed in 2012, according to Thomson Reuters.
1 min read · 09 May 2016
White Plains, N.Y.-based Rethink Education has raised $67.175 million toward a $125 million targeted second fund, according to a regulatory filing. The filing indicates the firm has raised the commitments from 44 investors. Rethink raised $25 million for its first fund, which closed in 2012, according to Thomson Reuters.
1 min read · 09 May 2016
A roundup of firms that have filed their intent to raise new funds or they have reported initial closes
3 min read · 09 May 2016
San Francisco-based venBio Partners announced it has raised $315 million for its second life science fund, which is anchored by investments from strategic LPs Amgen, Merck and Baxalta. The amount exceeds the $250 million target it set in March 2015, according to a regulatory filing. The firm, which also has an office in New York, typically invests in clinical-stage life science companies with a therapeutic product.
3 min read · 06 May 2016
San Francisco-based venBio Partners announced it has raised $315 million for its second life science fund, which is anchored by investments from strategic LPs Amgen, Merck and Baxalta. The amount exceeds the $250 million target it set in March 2015, according to a regulatory filing. The firm, which also has an office in New York, typically invests in clinical-stage life science companies with a therapeutic product.
3 min read · 06 May 2016
Industry Ventures has raised $47.5 million toward its Industry Ventures Special Opportunities Fund III-B, according to a filing with the SEC.
1 min read · 05 May 2016
Industry Ventures has raised $47.5 million toward its Industry Ventures Special Opportunities Fund III-B, according to a filing with the SEC.
1 min read · 05 May 2016
A dispute between general partners has roiled operations at the Xfund, according to reports in The New York Times and Fortune.
1 min read · 05 May 2016
New York-based ff Venture Capital has closed its fourth fund, called ff Sapphire (IV) Venture Capital Fund GP, with $53.78 million in commitments, according to a regulatory filing. The fund was targeted at $50 million and raised the capital from 82 endowments, foundations, corporations, state pension funds, single family offices, as well as individuals, including tech executives.
1 min read · 05 May 2016
New York-based ff Venture Capital has closed its fourth fund, called ff Sapphire (IV) Venture Capital Fund GP, with $53.78 million in commitments, according to a regulatory filing. The fund was targeted at $50 million and raised the capital from 82 endowments, foundations, corporations, state pension funds, single family offices, as well as individuals, including tech executives.
1 min read · 05 May 2016