Managers

Lemkin closes on $68.2 mln for SaaStr Fund I

Jason Lemkin has closed on $68.2 million for his first early stage fund, according to a filing with the SEC.

Partech raises about $442 mln for inaugural growth fund

Partech Ventures has closed its debut growth fund at 400 million euros (about $442 million). Partech Growth's limited partners included European insurance companies and institutional investors. The fund will invest between 10 million and 50 million euros in fast-growing tech and digital companies.

Lightspeed China Partners wraps up third fund at $260 mln

Lightspeed China Partners has closed its oversubscribed third fund at $260 million. Also, LCP has raised a "substantial" amount for its first RMB fund that has a target of 500 million RMB (about $75 million). LCP focuses on China-based early stage companies in sectors that include internet, mobile and enterprise technology.

Corporate VC vet Gold tapped to lead Iris Capital's expansion in North America

Paris-based Iris Capital, a growth-stage venture firm focused on the digital economy, has added Bernhard Gold as a partner and managing director of its North American operations

Sleep? There's a nap for that

Startups focused on helping consumers catch some zzzs are raising millions of dollars, as VCs dream of disrupting the bedroom

Twilio’s rocket debut won’t spark more tech IPOs

Bee Partners closes over $30 mln for second fund

Bee Partners has raised over $30 million for its oversubscribed second fund, beating its initial $25 million target, according to a blog post on its site. The fund will focus on early-stage startups.

Twilio's rocket debut won't spark more tech IPOs

One great IPO debut from the unicorn Twilio won't help save a bad year for offerings from VC-backed companies

Wall Street bankers in London ponder life post Brexit: Reuters

(Reuters) Big Wall Street banks are scouring Europe to find a new home following the Brexit vote. JPMorgan Chase & Co is considering changes to its legal entity structure in Europe, as well as moving some of its 16,000 U.K.-based employees, according to a staff memo signed by Chief Executive Officer Jamie Dimon and other senior executives.

Recap: Summary of recent fund news from around the world

Summary of fund closures and other venture firm news from the last three from around the world, including Romulus Capital, Draper Esprit, Lightspeed China and many many more