News

Former Intel Capital directors closed on $305m for their third flagship fund, which will make direct secondary purchases from founders, employees and early investors in data infrastructure, cybersecurity, fintech, robotics and next-gen gaming companies.

Figma’s stock price soared 250% on Thursday after the company went public at $33 a share.

FLS XII will primarily invest in early-stage private biopharmaceutical companies.

This fundraising brings Yaletown's total active funds under management to approximately $600 million.

The $1.3bn multifamily office allocates 20-30% toward alternatives for most clients, says founder and ex-a16z partner Michael Paulus.

Oak HC/FT Partners closed its previous fund at $1.94 billion in July 2022.

WovenEarth Ventures, which raised $152m for its debut fund of funds last year, is targeting $300m for its second effort.

BlackWood made its first close in April 2023.

The $49bn fund is looking for diversification, but is trimming its overall US exposure, says head of PE and sustainable infrastructure Jaime Alvarez.

Our directory, first published in July 2024, has grown to 31 firms that manage more than $94bn in secondaries capital.