Managers

Virtual advisory firm and growth-stage investor specializes in technology professional services and is led by Appirio co-founder and CEO Chris Barbin.

TCV XI has raised $4bn, a record for the firm during its 25-year history that makes it one of the largest growth equity and VC funds to date.

Co-founder Brian Jacobs is not part of the firm’s latest fund, but he continues to build his separate seed-stage practice while also learning the vagaries of teaching on Zoom amid a pandemic.

The firm held a final close on its second venture fund last month with €650m, more than doubling the firepower of its 2016-vintage Fund I, says founder MingPo Cai.

The process on Giza V was run by Asante Capital, which in June hired ex-Rede Partners secondaries head Yaron Zafir as a senior advisor.

The firm looks to continue its strategy of investing in healthcare and financial services companies from early stage through growth equity.

Fifth Wall Ventures partner Greg Smithies notes that climate tech may not be the most exciting sector, but it is growing in importance and acceptance, and is certain to be highlighted in the Biden administration.

Madrona Venture Group in Seattle names Daniel Li and Anu Sharma to partner, less than a month after the firm raised $500m in new funds.

Over the last 10 years, the fintech venture platform has amassed $670m in AUMs and backed over 100 start-ups via the firm’s balance sheet and traditional VC vehicles.

The organization looks to increase its investment in life sciences, late-stage funds and diverse managers heading into the new year.