Private Equity
FirstMark Capital has raised a total of $480 million for two separate funds, managing director Amish Jani announced in a blog post on the venture firm's site. FirstMark IV, which targets early-stage investments, raised $275 million while FirstMark OF II, which focuses on backing companies as they scale, closed at $205 million.
1 min read · 15 June 2016
Lightspeed China Partners is seeking to raise $240 million for its third fund, according to an SEC filing. The firm's previous fund closed at $260 million two years ago, as previously reported by PE HUB.
1 min read · 15 June 2016
Lightspeed China Partners is seeking to raise $240 million for its third fund, according to an SEC filing. The firm's previous fund closed at $260 million two years ago, as previously reported by PE HUB.
1 min read · 15 June 2016
Philadelphia-based growth equity firm 1315 Capital LLC has raised $200 million for its debut healthcare-focused fund. The pool's investors include endowments, foundations, state and corporate pension funds and family offices.
2 min read · 15 June 2016
Golden Gate Ventures has closed its second oversubscribed early-stage venture fund at $60 million, beating its original $50 million target. The fund will focus on Southeast Asia. Its limited partners include Temasek, two unidentified Asia-based institutions and Hanwha Life Insurance.
3 min read · 14 June 2016
Golden Gate Ventures has closed its second oversubscribed early-stage venture fund at $60 million, beating its original $50 million target. The fund will focus on Southeast Asia. Its limited partners include Temasek, two unidentified Asia-based institutions and Hanwha Life Insurance.
3 min read · 14 June 2016
The Curbside service at Target is set to officially end on June 15
3 min read · 14 June 2016
Revolution Growth has raised $525 million for its third fund. Revolution Growth III will focus on tech companies that are not in Silicon Valley. According to the firm, the fund will be "highly selective," making only three to four investments per year, each between $25 million and $50 million. Revolution Growth's previous fund closed at $450 million In addition to the fund-closing, Revolution Growth has named Steve Murray, who previously worked at Softbank, as a partner while promoting Scott Hilleboe and Evan Morgan to the same role.
4 min read · 14 June 2016
Gilde Healthcare has closed its oversubscribed fourth fund at a hard cap of $285 million. Gilde Healthcare IV will target medtech, digital health and therapeutics both in Europe and North America. The pool's limited partners included Johnson & Johnson Innovation – JJDC, Inc, Royal Philips, Danish Growth Fund and the European Investment Fund.
3 min read · 14 June 2016
Gilde Healthcare has closed its oversubscribed fourth fund at a hard cap of $285 million. Gilde Healthcare IV will target medtech, digital health and therapeutics both in Europe and North America. The pool's limited partners included Johnson & Johnson Innovation – JJDC, Inc, Royal Philips, Danish Growth Fund and the European Investment Fund.
3 min read · 14 June 2016
