Private Equity
San Francisco-based Industry Ventures has raised $170 million for its latest fund of funds, Industry Ventures Partnership Holdings III. The fund will focus on primary commitments and early secondary purchases in smaller venture capital funds as well as direct investments alongside its managers.
3 min read · 30 September 2014
Canadian mobile-focused venture capital firm Relay Ventures has invested $1 million in the Imagination Catalyst Fund, which forms part of the OCAD University's Imagination Catalyst, a hub for campus-focused entrepreneurship and commercialization. The investment occurred concurrently with a $950,000 grant by Ontario’s Ministry of Research and Innovation. Relay managing partner John Albright said that the firm is a strong supporter of entrepreneurs emerging from Canadian universities, and "our investment in the Imagination Catalyst Fund is a logical extension of our focus in that area.”
4 min read · 25 September 2014
Oregon PERS has more than 40 percent of its mid decade portfolio in funds of funds
2 min read · 23 September 2014
The Business Development Bank of Canada (BDC) has announced that it experienced a 6.7 percent increase in the number of Canadian small and medium-sized enterprises it serves as clients in fiscal 2014. These clients now total more than 30,000. According to the bank's 2014 annual report, it also committed around $862 million to the venture capital market, which is up from around $822 million in fiscal 2013. BDC's subordinate financing group, now known as growth and transition capital, also reflected a portfolio of $601 million in fiscal 2014, up from $566 million the year before.
4 min read · 22 September 2014
Too early to tell, but Trinity, Khosla and Upfront each have funds from the era that are breaking away from the pack
2 min read · 16 September 2014
2 min read · 16 September 2014
Gains come slowly to venture portfolio despite diversified approach
2 min read · 15 September 2014
San Francisco-based Govtech Fund said Monday that it has raised $23 million for its first fund. The pool's focus is on government tech startups.
2 min read · 15 September 2014
A new fund DCM is raising for China will be focused on growth-stage investments, a source familiar with the effort told Venture Capital Journal.
1 min read · 15 September 2014
Near record distributions are bringing limited partners back to the asset class. As fund commitments jump so do capital flows.
3 min read · 11 September 2014
