Private Equity
The Business Development Bank of Canada (BDC) is partnering with MaRS Discovery District's Centre for Impact Investing on an initiative to support Canadian entrepreneurs who are building social purpose businesses, and to strengthen the Canadian impact investing market. The initiative will see BDC support entrepreneurs in MaRS' Impact8 program, a social venture boot camp that aims to help social enterprises reach investment readiness and to provide financing for enterprises that are deemed investment-ready. BDC also will co-host four MaRS Impact Venture Fairs in major Canadian cities.
3 min read · 18 March 2014
CalPERS sees Sacramento PE Partners venture portfolio improve again
2 min read · 18 March 2014
A new incubator/seed fund called Expa Capital has raised $50 million from a Who's Who of investors and company founders, including David Bonderman, Sir Richard Branson, Li Ka-Shing and Meg Whitman.
1 min read · 15 March 2014
According to Fortune, a new fund of fund Maiden Lane is set to close its debut fund at between $20 million and $25 million. The outlet reported that the fund will back syndicates and companies tied to the startup network AngelList. The LPs include Top Tier Capital Partners and Venture Investment Associates. And although Maiden Lane is "not officially part of AngelList," one of its partners is Kevin Laws, current COO of AngelList.
1 min read · 14 March 2014
Cisco Systems said it contributed a $6 million investment to the Badia Impact Fund to support early-stage companies in online, mobile, health care, e-commerce, consumer Internet and digital media sectors in Jordan. The Badia Impact Fund is also backed by the European Investment Bank, the King Abdullah Fund for Development and Silicon Badia's parent company Accelerator Technology Holdings.
4 min read · 14 March 2014
Thomson Reuters has struck a deal with consulting firm Cambridge Associates to provide the latter’s private equity benchmarking data to subscribers of the Thomson Reuters Eikon service. Thomson Reuters (publisher of peHUB) and its predecessors, including Venture Economics, collected and published buyout and venture capital return data and statistics for more than two decades.
2 min read · 13 March 2014
New Jersey-based Rowan University has launched a new $5 million venture fund. The pool will focus on new technology businesses and inventions through a competitive review process.
3 min read · 12 March 2014
4 min read · 11 March 2014
A couple of Los Angeles-based entrepreneurs have launched a small venture fund to seed Southern California startups. TYLT Lab said today that it had secured commitments for $20 million. The Santa Monica-based firm had previously filed a report with the SEC on Feb. 28 showing that it had closed on $2 million. TYLT plans to make 12 to 14 deals of $50,000 to $2 million each. Its first two investments were in Cargomatic and PogoSeat.
3 min read · 11 March 2014
Venture capital funds distributed $6.3 billion to limited partners in the third quarter, marking a sharp gain from the prior quarter, according to a new report from Cambridge Associates.
2 min read · 10 March 2014
