Private Equity
Middle East Venture Partners said it raised its IMPACT Fund with commitments of more than $50 million. It described the fund in a press release as the largest venture capital fund in Lebanon and the first fund to comply with Banque du Liban’s Intermediate Circular 331. The Fund is co‐sponsored by BLOM Invest Bank and MedSecurities Investment, and has received first close commitments from Lebanese banks including BLOM Invest Bank, BankMed, Bank Audi, Fransabank, Credit Libanais Investment Bank and Al‐Mawarid Bank. The Middle East Venture Partners expects several additional banks to join the second closing, including Banque Libano‐Francaise, Bank of Beirut, BBAC, LGB Bank and First National Bank, BML.
5 min read · 24 October 2014
Canadian early-stage venture capital firm Version One Ventures, which this week closed its second fund at $35 million, received a $10 million anchor commitment from Northleaf Venture Catalyst Fund. Version One, which is led by founding partner Boris Wertz, invests in Internet, SaaS and mobile companies in Canada and the United States. Northleaf Venture Catalyst Fund, which is managed by Northleaf Capital Partners, raised around $218 million in its initial close earlier in 2014.
3 min read · 24 October 2014
A little more than 200 of you took our latest poll, which asked: “Is the pace of VC investing (on track for $40B this year) proof of another bubble?” Early on, most folks said no. But the final results show most people think we are in another bubble.
1 min read · 24 October 2014
In Q3, the Silicon Valley Venture Capitalist Confidence Index declined for the first time in two years, with caution over high valuations and an overheated market on the rise.
2 min read · 23 October 2014
Founders Circle Capital has closed on $195 million across two funds, beating its $125 million target. The firm seeks to invest in "breakaway growth" firms by buying a small portion of stock from founders, executives, employees or early backers.
4 min read · 23 October 2014
Kohlberg Kravis Roberts & Co is mulling the launch of a growth equity fund after three recent minority investments that marked a departure from its focus on traditional buyouts.
2 min read · 23 October 2014
Canadian early-stage venture capital firm Version One Ventures has closed its second fund with $35 million in commitments, exceeding the $30 million target, said Boris Wertz, founding partner. Northleaf Venture Catalyst Fund and BDC Capital are anchoring the new fund and were joined by existing investors from Fund I.
2 min read · 23 October 2014
Version One Ventures has closed its second fund with $35 million in commitments, exceeding the $30 million target, said Boris Wertz, founding partner.
1 min read · 23 October 2014
LP Steven Yang chats about his world views and approach to venture
4 min read · 23 October 2014
The City by the Bay has become a hotbed of venture activity, with more than 420 San Francisco-based startups pulling in nearly $9 billion in funding as of mid-October.
3 min read · 23 October 2014
