Private Equity
U.S. venture firms raised $4.39 billion last quarter, the smallest amount in two years, but still leaving the industry on track for one of the best fundraising years since the 2008 financial crisis, Reuters News reported.
1 min read · 08 October 2015
Only $4.4 billion raised in Q3 as fundraising drops off last year’s pace
2 min read · 08 October 2015
Venture capital fundraising slowed considerably over the summer with just $4.4 billion raised in the third quarter, according to Thomson Reuters and the National Venture Capital Association.
1 min read · 07 October 2015
Distributions jumped in the past year
3 min read · 07 October 2015
Octopus Ventures is launching a $140 million fund. Octopus Zenith Opportunities II LP will focus on backing later-stage European startups. Bluetower Associates LLP served as advisor to Octopus on the fund.
3 min read · 05 October 2015
Trident Capital is seeking to raise $200 million for a new growth fund, according to an SEC filing. As previously reported by PE HUB, the venture firm recently revealed in an SEC filing that it was launching a cybersecurity fund, also with a $200 million target. Based in Palo Alto, California, Trident invests in software, IT security, internet and mobility, health IT and business services.
1 min read · 02 October 2015
Canadian specialty finance firm Wellington Financial has officially launched its fifth fund, Wellington Financial Fund V, with a hard-cap target of $300 million of re-circulating equity commitments. Fund V, which had its first close this week, is targeted to bring in 50 percent more than Fund IV, closed at $200 million in 2013. Toronto-based Wellington, which had its 15th anniversary in August, provides term, venture and amortizing loans to Canadian and U.S.-based companies, the bulk of which are in technology sectors. The firm also announced the hire of Ash Vaidya as a partner in its Silicon Valley office. Wellington President and CEO Mark McQueen was recently interviewed by PE Hub Canada.
3 min read · 02 October 2015
Los Angeles-based seed-stage investor TenOneTen has raised $13.18 million of a targeted $20 million fund, according to a regulatory filing. The firm, named after the 10 and 110 freeways in Los Angeles, had initially set out to raise $25 million when it began raising the fund last year, according to a previous regulatory filing.
1 min read · 30 September 2015
Top 10 funds include Union Square, Spark, Emergence, Foundry, ARCH & OrbiMed, based on VCJ research
2 min read · 30 September 2015
Healthcare specialist sets $950 mln target for Fund VI; OrbiMed’s $735 mln 2013 vintage fund a top performer for CalSTRS
2 min read · 30 September 2015
