Managers

Seed-focused YL Ventures raises $75 mln third fund: Updated

Kairos Ventures targets $150 mln for second fund

Kairos Ventures is seeking to raise $150 million for its sophomore fund, according to an SEC filing. Based in Beverly Hills and Pasadena, California, Kairos backs scientists, engineers and entrepreneurs.

YL Ventures raises $75 mln third fund

YL Ventures has raised a $75 million third fund, according to a filing with the SEC.

Fund performance: Longitude, Canaan, IVP lead strong mid-life venture portfolio for Los Angeles LP

On the Bleeding Edge: VCJ’s new reporter, CRV’s Zachary, IVP’s spring party, ‘Silicon Valley’ and more VC talk in three-dot fashion

Kensington, Siemens to partner in energy innovation projects

Kensington Capital Partners and the Canadian affiliate of German manufacturing and electronics company Siemens have agreed to partner in commercializing clean technology energy solutions in Canada. The partnership will focus on projects in a wide variety of areas, including energy storage, transmission and distribution, combined heat and power plants, power generation, smart grid, micro grid and biomass. Kensington and Siemens said their collaboration will also include pursuit of infrastructure projects. Toronto-based Kensington is an alternative assets firm with $1.1 billion under management.

Funds in registration: NEA and a bunch of other investors seeking more than $8 bln

Real Matters joins Canada's IPO parade, seeks up to C$132 mln

Angel deals see pre-money valuations fall in 2016

Secondary funds raise record $14 bln in first quarter

Private equity secondaries funds attracted a record amount of capital in the first quarter with six funds raising $14 billion, according to Preqin.