Fundraising

Shari Redstone’s Advancit to raise $40 mln third venture fund

Advancit Capital has set out to raise a $40 million third venture fund, according to an SEC filing.

We need new terminology to describe CVCs

The long-running corporate investors are stepping up their game as new players enter the market. It’s clear that CVCs are occupying a more prominent place in the investment landscape.

Corporate venture’s unstoppable rise

Corporate venture set a 15-year record last year and shows few signs of slowing. The pace of innovation makes this cycle different

A new approach to innovation

The current cycle of corporate venturing is showing a rise in groups with more independence, who more readily joining follow-on rounds

Tribeca Venture Partners raises $107 mln second early-stage fund

Tribeca Venture Partners has raised a $107 million second fund that represents a significant increase over its $65 million first fund, according to a blog post.

Mainsail raises $384 mln for fourth fund in just over two months

Mainsail Partners, a growth equity firm that invests in bootstrapped companies, raised $384 million for its fourth fund, Mainsail Partners IV LP. The oversubscribed fund closed in December and took just over two months to complete. Mainsail invests primarily in the software, technology-enabled services and healthcare sectors.

Hangar Ventures gets back to the runway, finally takes flight

After some turbulence on the ground, Dallas-based, early-stage firm says it is moving forward

Newly formed 1955 Capital notches $200 mln first close

A venture firm founded last fall by former Khosla Ventures Partner Andrew Chung will combine impact and financial investing with a planned $200 million fund

Why momentum in Canada’s venture market is not yet spent

Fundraising is off to a great start in 2016 despite a weak loonie, and venture funds south of the Canadian border shared in the excitement

Québec pension fund manager Caisse posts strong returns in 2015: Reuters

The Caisse de dépôt et placement du Québec, Canada's second-largest pension fund manager, reported weighted average returns of 9.1 percent in 2015, benefiting from diversifying out of equities and bonds into higher-yielding assets such as infrastructure and real estate, Reuters reported. The Caisse said its net assets had grown to $248 billion at the end of 2015, compared with $225.9 billion at the end of 2014.