Private Equity
In a look back at the industry’s largest venture fund of 2013, Joseph Ansanelli talks about the firm’s approach
2 min read · 09 January 2014
According to an SEC Form D filing, the Stanford Alumni Angels East is currently seeking to raise capital for its new venture fund. The document shows no listed target. Headquartered in New York City, the Stanford Alumni Angels East is an investor group that funds startups. It is comprised of Stanford alumni angel investors.
1 min read · 08 January 2014
Fonds de solidarité des travailleurs du Québec FTQ reported a tenth consecutive increase in its share value, which now stands at $29.21. It also reported a gross 7.4% return for the 12-month period of December 1, 2012 to November 30, 2013. Assets managed by the Montréal-based Fonds de solidarité FTQ consequently rose to $9.7 billion in total. Last November, the fund's president and CEO Yvon Bolduc presented a $2 billion proposal to the House of Commons Standing Committee on Finance intended to retain the federal tax credit for labour-sponsored venture capital funds, which is scheduled for phase-out by 2017.
4 min read · 06 January 2014
Launch Angels said Monday that it has raised nearly $1 million for its its first venture fund named Where Angels Fund. The pool's LPs are associates from Where, Inc., which was bought by PayPal in 2011. The fund will focus on early-stage companies with an emphasis on mobile and consumer internet firms. Launch Angels is an investment platform focused on equity crowdfunding deals.
3 min read · 06 January 2014
Canadian buyout, mezzanine and related PE funds appear to be on course to raise a record $16 billion-plus in 2013. It would be nice to report similar growth in the pool managed by Canada’s venture capital industry. While 2013 saw improved levels of VC investment activity, including some truly major company financings – Enerkem, HootSuite and Shopify, to name only some of the largest – it was not a stellar year for raising funds.
3 min read · 06 January 2014
New Mexico state pension fund has had good luck with Industry Ventures and Edison
1 min read · 06 January 2014
According to VentureWire, StageOne Ventures is currently seeking to raise $100 million for its second fund. Based in Tel Aviv, Israel, StageOne Ventures invests in early-stage companies in the software, communications, internet and media sectors.
1 min read · 03 January 2014
Canadian venture capital firm Chrysalix Energy Venture Capital intends to raise a fourth clean-tech fund, eyeing a fund size of US$150 million to US$250 million, reports peHUB Canada affiliate publication VCJ. According to the firm’s co-founder and CEO, Wal van Lierop, the timing is right because investors are coming back to the clean-tech sector.
2 min read · 02 January 2014
Many VCs believe the business has finally right-sized, but don’t place your bets too quickly
2 min read · 01 January 2014
Michigan firm sees opportunity in biotech beyond its Midwest base
3 min read · 01 January 2014