News

Glade Brook Strategic Growth III plans to back 12 to 15 portfolio companies, with a focus on software, e-commerce, fintech, web3, internet, digital health and digital media.

McWin Partners has launched McWin Food Tech Fund, a €250 million vehicle that will target the whole food value chain, including “ingredients and alternative proteins," said partner Martín Dávalos.

Amplify Partners, an early stage investor based in Menlo Park, raised $400 million for its fifth early-stage fund and $300 million for a fund to support existing portfolio companies.

Healthcare investor Third Rock Ventures has closed on just over $1.1 billion from 65 investors for its sixth fund, Third Rock Ventures VI, according to a regulatory filing.

Life sciences investor Catalio Capital Management has been on a fundraising tear since it spun out of private equity firm Camden Partners Holdings slightly more than two years ago. If dealmaking continues to founder in a sputtering economy, Catalio will be well positioned to take advantage of declining valuations.

Several recent events demonstrate that investors are looking for hard evidence from GPs making ESG claims.

LPs are beset with a glut of requests for re-ups from their existing managers, in many cases at a much quicker pace than ever before.

Seae Ventures, founded by the former leaders of a Blue Cross corporate venture fund, announced it has raised an inaugural fund of $107m to support diverse-led companies.

CPPIB's new growth equity unit appears to have swallowed up the pension manager's three-year-old venture capital business.

UP.Partners has closed its $230 million for its inaugural transportation tech-focused venture fund.