Private Equity
The number of new funds reached a five-year peak in 2014, but they appear to have leveled out in 2015
5 min read · 14 January 2016
Leaders Fund has launched an inaugural $100 million evergreen venture capital fund. Based in Toronto and Atlanta, Georgia, Leaders Fund will focus on making investments in enterprise software-as-a-service (SaaS) companies in those areas and in other markets in Canada and the United States. The new firm was co-founded by David Stein, founder and co-CEO of Rypple (acquired by Salesforce.com) and co-founder of Workbrain (acquired by Infor); Steve DeBacco, who most recently served as CRO of Applied Predictive Technologies (acquired by Mastercard) and was COO of Workbrain; and Gideon Hayden, previously a senior associate at OMERS Ventures.
4 min read · 13 January 2016
Leaders Fund has launched an inaugural $100 million fund. Based in Toronto and Atlanta, Leaders Fund will focus on making investments in "promising" SaaS companies in those areas as well as across Canada and the U.S.
3 min read · 13 January 2016
TrueBridge Capital Partners has closed its fourth venture fund-of-funds at its $400 million hard cap, sweeping past its $325 million target, the Chapel Hill, North Carolina-based firm announced today.
1 min read · 13 January 2016
Beezer Clarkson of Sapphire Ventures talks about the ins and outs of anchor investments in the latest installment of Ask an LP
5 min read · 12 January 2016
Venture capitalists in the United States raised just $5 billion in fourth quarter of last year, a second quarter in a row of slow fundraising, according to a report from the National Venture Capital Association and Thomson Reuters. The soft quarter will help keep a lid on overfunding in the industry.
4 min read · 12 January 2016
The Toronto-based firm aims to raise about $71 million to back fintech companies in the United States and Canada
3 min read · 12 January 2016
Information Venture Partners, a venture firm launched in 2014 by former RBC principals, has secured most of the $100 million target set for its second fund, as investors show a growing appetite for opportunities in North America’s financial technology sector. The Toronto-based firm raised an initial $72.5 million for Information Venture Partners II from a group of LPs led by HarbourVest Partners.
3 min read · 12 January 2016
Courtside Ventures has launched and will invest $35 million in early stage technology and media companies with a focus on sports. Dan Gilbert, founder and chairman of Rock Ventures, Quicken Loans and a major owner of the Cleveland Cavaliers, was the anchor investor for Courtside. Other investors include WPP and Bruin Sports Capital.
5 min read · 12 January 2016
Sierra Ventures raised $170 million for its latest fund, thanks to several new LPs
2 min read · 07 January 2016