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The fight over how to tax carried interest is back in full swing, as President Trump on Thursday suggested ending the current treatment, which taxes carry at 15% instead of at the rate of ordinary income.

Founder Nick Cooney says a strong exit environment and past earnings by the innovative early-stage companies that are his firm’s focus are driving Fund II towards its $100m target.

President Donald Trump signed an executive order on Monday calling for the creation of a US sovereign wealth fund.

Richard "Dick" Kramlich, who co-founded New Enterprise Associates nearly 50 years ago, died on February 1. He was 89.

Pechoucek will help the New York firm invest the $1.1bn it raised last year for Evolution Technology Fund III.

Some VCs believe deals between small and midsized companies will proceed smoothly but that large-scale M&A transactions will continue to be hampered by unclear anti-trust treatment in certain concentrated markets.

The Los Angeles-based firm is currently marketing its sixth fund, which is targeting $85 million.

LPs for the early-stage life sciences fund, which is targeting $350m, include the Fairfax County Police Officers Retirement System.

The fund is backed by 'prominent Saudi institutional investors,' public investment fund Jada Fund of Funds, Saudi Venture Capital and Sanabil Investments.

The global VC firm analyzed the relationship between ESG outperformance and VC funding success within its portfolio.