Private Equity
Accel, the Palo Alto, California, venture-capital firm, closed its London V Fund at $500 million, eyeing early- and growth-stage investments in a variety of industries, particularly marketplaces, software as a service, and infrastructure. The London office has backed teams in 19 countries from London to Tel Aviv. Accel’s funds under management in Europe and Israel total $2.5 billion, and it said it sees “unprecedented opportunity” on the Continent and in the country.
2 min read · 12 April 2016
Forbion Capital Partners said April 12 that its third main fund, Forbion Capital Fund III, closed at 183 million euros ($208 million). Investors of FCF III include the European Investment Fund (EIF), the Dutch Venture Initiative (DVI), Germany’s KfW development bank, various other regional investment agencies, pension funds, insurance companies, leading European family offices and two strategic investors: Charles River Laboratories and Knight Therapeutics. The fund will invest in private companies developing novel drugs, medical devices and diagnostics for high, or even unmet, medical needs.
4 min read · 12 April 2016
David Blumberg says LPs are long-term oriented and believe in the future
2 min read · 12 April 2016
Grishin Robotics, an investor in Double Robotics and other hardware and robotics companies, has raised a $100 million fund, which is four times larger than its first effort and includes institutional and individual LPs.
2 min read · 11 April 2016
U.S. VCs raised more money during the first three months of the year than in any quarter in the past 10 years.
1 min read · 11 April 2016
Grishin Robotics, an investor in Double Robotics and other hardware and robotics companies, has raised a $100 million fund, as it expands into IoT and hardware
2 min read · 11 April 2016
San Mateo, California-based Draper Associates has raised $190 million for its latest seed-focused fund. The fund was targeted at $150 million, according to a regulatory filing at the end of last year.
1 min read · 11 April 2016
Vancouver-based Yaletown Venture Partners has launched a new fund earmarked for technology companies in Canada that have exceptional growth potential, but often too little cash. Yaletown Emerging Growth Fund is targeted to raise $135 million in committed capital, Yaletown General Partner Mike Satterfield told PE Hub Canada. Fundraising is expected to commence shortly, with the goal of reaching a final close by the end of the year.
2 min read · 09 April 2016
GP Satterfield says firm aims to hold final close by end of the year
2 min read · 09 April 2016
The former treasury secretary holds more than a third of his net worth in PE assets and supports Hillary Clinton for president
3 min read · 07 April 2016
