Private Equity
Boston-based HarbourVest Partners is expected to complete an initial close on a new $300 million Canadian venture fund of funds before the end of January, said sources with knowledge of the matter. If it’s successful, HarbourVest will oversee the fourth VCAP-backed fund formed since January 2014. So far, these funds have raised a combined $672 million, close to $450 million of which comes primarily from corporate and institutional investors that are new or returning to Canada's VC market.
3 min read · 12 January 2015
Buyouts Insider, publisher of PE HUB, Buyouts and VCJ, is looking for a seasoned business journalist to fill the role of Managing Editor. This is an exciting opportunity for someone who is passionate about storytelling in both new and old media.
2 min read · 09 January 2015
The Beekman Group LLC has closed its third fund at $230 million. Beekman Investment Partners III LP will invest in lower middle-market services companies with enterprise values ranging from $15 million to $75 million in three focus industry sectors – consumer, healthcare and business services. Beekman’s prior fund collected $100 million in 2012.
3 min read · 09 January 2015
Fountain Healthcare Partners announced the initial close of its second fund €85 million (US$100.7 mln) of committed capital. Fountain Healthcare Partners II LP, a dedicated life science venture capital fund, will focus on specialty pharmaceuticals, biotechnology, medical devices and diagnostics.
3 min read · 09 January 2015
Glitzy hardware was on display at this week’s Consumer Electronics Show in Las Vegas, but it may not represent the best of investment ideas for the venture capitalists who look to the show for fresh inspiration.
2 min read · 08 January 2015
Plenty of glitzy hardware was on display at this week’s Consumer Electronics Show in Las Vegas, but it may not represent the best of investment ideas for the venture capitalists who look to the show for fresh inspiration.
2 min read · 08 January 2015
Privateer Holdings, which invests in companies in the cannabis space, announced that Founders Fund has made a multi-million dollar investment in its Series B round.
2 min read · 08 January 2015
After an upbeat 2014, venture investors have high hopes for 2015. But rich valuations raise questions.
4 min read · 07 January 2015
Spruce Capital Partners and Xeraya Capital has raised $150 million in the first close of its MLS Capital Fund II. The fund will focus on biogreentech firms.
4 min read · 07 January 2015
Crowdfunding is on the rise and its impact on VC is growing.
3 min read · 06 January 2015