Managers

Newark Venture Partners has a $23 mln first close on $50 mln fund

Newark Venture Partners has closed on $23 million toward a $50 million fund, according to a press release. The newly created Newark, N.J.-based firm, founded by Audible founder Don Katz, attracted limited partners including Audible, an Amazon company, Dun & Bradstreet and Prudential Financial, the release said.

March Capital Partners raises $240 mln for inaugural fund

Santa Monica, California-based March Capital Partners announced it has closed its inaugural fund with $240 million in commitments to invest in early and late-stage companies worldwide. The firm, founded by founded by Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, aims to back various tech sectors, with a focus on the infrastructure behind consumer and mobile services. March Capital Partners says it has already invested in excess of $100 million in more than 15 companies.

Fundraising recaps from around the world

From ffVC in New York to KfW in Germany, a summary of recent venture fundraising closes

Kleiner Perkins to raise close to $1.3 bln for two new funds: report

Kleiner Perkins Caufield & Byers is said to be raising close to $1.3 billion for two new funds, according to a report from CNBC.

Kleiner Perkins to raise close to $1.3 bln for two new funds: report

Kleiner Perkins Caufield & Byers is said to be raising close to $1.3 billion for two new funds, according to a report from CNBC.

Europe’s early-stage engine room

The London office of Accel has raised five European and Israeli venture funds this millennium. The firm’s Harry Nelis tells VCJ he sees a changing investment landscape.

Harmony exceeds target with $105 mln third fund

Harmony Partners, which focuses on Series B and later rounds, announced it has raised $105 million for its third fund. The fund was targeted at $100 million. It exceeds the $85 million it raised for Fund II, which it closed in 2014.

VCs on the Move May 23, 2016

Recap of people moves in recent weeks from Foundation, Octopus and other VC firms

Five Questions with Yaletown Partners’ Brad Johns and Salil Munjal

Vancouver-based Yaletown Partners in April unveiled a new $135 million fund earmarked for emerging-growth technology companies in Canada. PE Hub Canada sat down with General Partners Brad Johns and Salil Munjal to talk about the fund and its goals. We also took the opportunity to discuss the latest financing of Bit Stew Systems, a data integration platform for the industrial Internet. Bit Stew has been backed by Yaletown since 2013.

5 Qs with Yaletown Partners’ Brad Johns and Salil Munjal

Vancouver-based Yaletown Partners, backers of Bit Stew, in April unveiled a new $135 million fund earmarked for emerging-growth technology companies in Canada. Two GPs talk about the fund and its goals.