Private Equity
Singapore firm raises $40 million in a first close of a targeted $100 million
2 min read · 01 October 2015
Through the end of July, VCJ reports that 54 VC-backed companies have gone public on the NYSE or Nasdaq exchanges
2 min read · 01 October 2015
Los Angeles-based seed-stage investor TenOneTen has raised $13.18 million of a targeted $20 million fund, according to a regulatory filing. The firm, named after the 10 and 110 freeways in Los Angeles, had initially set out to raise $25 million when it began raising the fund last year, according to a previous regulatory filing.
1 min read · 30 September 2015
General Atlantic is leading a $325 million Series E funding round for Avant, a Chicago-based online consumer lender that was formerly known as AvantCredit.
1 min read · 30 September 2015
Top 10 funds include Union Square, Spark, Emergence, Foundry, ARCH & OrbiMed, based on VCJ research
2 min read · 30 September 2015
Healthcare specialist sets $950 mln target for Fund VI; OrbiMed’s $735 mln 2013 vintage fund a top performer for CalSTRS
2 min read · 30 September 2015
The Fonds de solidarité FTQ, a Canadian private equity and venture capital firm, recently completed its annual general meeting at which the majority of the members of its board of directors were elected for the first time. Lyne Bouchard, Gérard Coulombe and Jean-Claude Scraire have joined the board as independent members, without any affiliation with the Fonds or its labour sponsors. Fonds Chairman Robert Parizeau said the event was the "last big step" in the implementation of the Fonds' new governance. The Montréal-based firm, which manages net assets of $11.1 billion, has 610,605 shareholders.
4 min read · 29 September 2015
Qualcomm Inc will be launching a fund that will invest up to $150 million in India startups. Qualcomm Ventures will advise and direct Qualcomm on all these investments.
3 min read · 29 September 2015
Accelerator Corp has closed its oversubscribed fourth fund at $62.8 million. The limited partners of Accelerator IV include AbbVie, WuXi PharmaTech, Watson Fund, Alexandria Venture Investments, ARCH Venture Partners, Eli Lilly and Company, Johnson & Johnson Innovation – JJDC Inc, Pfizer Venture Investments and WRF Capital. The pool will focus on early-stage life science investments. In addition to the fund, Accelerator has named Dr. James P. Sullivan, Dr. Tadataka Yamada and Peter Cheney to its board of directors.
6 min read · 29 September 2015
Cincinnati, Cleveland and Columbus: The three Cs of a venture boom in flyover country.
4 min read · 29 September 2015