Fundraising

European fund briefs compiled for May 2014

DN fund to wrap, LSP into medtech, Poland boosts Ukrainian SMEs

Fund briefs

Angels raise bitcoin fund; Morris launches bi-coastal fintech-focused firm; Accel’s revamped team has $1.5 billion in new capital

Valuation discipline remains, mutual fund investors say

The goal is to invest in the cream of the crop and to develop a long-term relationship with a company in advance of its IPO

RRE Ventures closes $280 mln for sixth fund

New York-based RRE Ventures has raised $280 million in the final close of its sixth fund. Its LP base includes financial service firms, insurance companies, family offices, foundations and endowments.

Fund performance: Menlo, Highland and Austin gain in MassPRIM portfolio

Union Square, Spark and Battery rank as the top performers

BDC's Jérôme Nycz talks about a new approach to venture capital

The Business Development Bank of Canada (BDC) three years ago embarked on a new venture capital strategy that has placed it at the centre of many key trends now taking place in the Canadian market — the introduction of VCAP, improving fund-raising conditions, growth in angel and accelerator communities, and the emergence of more high-growth startups. Jérôme Nycz is BDC's executive vice-president of subordinate financing and venture capital. Last week, Jérôme gave a speech to the Research Money Conference about the rapidly changing face of the Canadian VC landscape and the role that the new BDC is playing in this regard.

ARCH raising $250 mln for new venture fund

ARCH Venture Partners is raising an eighth venture fund with a smaller target of $250 million, according to a filing with the Securities and Exchange Commission. The filing for ARCH Venture Fund VIII lists six managing directors: Keith Crandell, Robert Nelsen, Clinton Bybee, Mark McDonnell, Kristina Burow and Paul Thurk. Managing Director Steven Gillis is not listed.

Artiman to raise new fund

Artiman Ventures has begun raising a new fund, Artiman Ventures 2014, according to a filing with the Securities and Exchange Commission. The filing does not state a target for the new fund, which is being packaged with, Artiman Ventures Select 2014.

Medina raises $70 mln so far for Fund I

Medina Capital, which makes early growth stage investments in technology companies, is out fundraising for a $250 million pool.

Medina raises $70 mln so far for Fund I

Medina Capital, which makes early growth stage investments in technology companies, is out fundraising for a $250 million pool.