Private Equity
RiverVest Venture Partners has raised $80.2 million for its third fund. RiverVest Venture Fund III LP will focus on pharmaceuticals and therapeutic medical devices with no geographic boundaries.
2 min read · 05 May 2015
Rethink Education has set out to raise a $125 million second fund, according to a filing with the SEC.
1 min read · 05 May 2015
Northleaf Venture Catalyst Fund, a venture fund of funds managed by Northleaf Capital Partners, has added the Ontario Pension Board to its investor base. With the new commitment from Ontario Pension Board, as well as increased commitments from BDC Capital and the Ontario government, capital committed to the Northleaf fund now totals $264 million. Since its initial close in January 2014, the fund has made commitments to the latest partnerships of Georgian Partners, Golden Venture Partners, Relay Ventures, Versant Ventures, Version One Ventures and XPV Capital. It has also made direct investments in Canadian startups eSentire, FreshBooks, Silanis, Vision Critical and Wattpad.
3 min read · 04 May 2015
Northleaf Capital Partners has raised $264 million for its venture catalyst fund. Northleaf Venture Catalyst Fund's investors include Ontario Pension Board. NVCF, the first fund of funds to be established under the Canadian government's Venture Capital Action Plan, has made 11 investments so far.
3 min read · 04 May 2015
Boston-based Longwood Founders Management has set out to raise a $90 million third fund, and Shoreline Venture Management is targeting $100 million for its third fund, according to filings with the Securities and Exchange Commission.
1 min read · 01 May 2015
Slow Ventures, a San Francisco-based seed investor, has raised $65 million from 120 investors for its fourth fund, according to a regulatory filing. The firm, an investor in Meerkat, Postmates, Campus Job and other startups, has backed more than 180 companies across its previous three funds.
1 min read · 01 May 2015
They can be the ultimate momentum investment, whether they’re SPVs or something more. They also bear watching.
2 min read · 01 May 2015
A summary of VC fundraisings and filings; plus tables on recent closings worldwide
10 min read · 01 May 2015
Opportunity funds have become a competitive tool for early-stage firms hunting for the next Uber. Expect more of them
6 min read · 01 May 2015
BEST Funds announced that the board of directors of the BEST Total Return Fund, a late-stage venture capital fund, has approved a proposal to wind up the fund and suspend any new investment activity. A meeting of the fund's shareholders will be asked to vote on the proposal in the summer of 2015. The initiative follows respective decisions of the Ontario and federal governments to phase out tax incentive programs for labour-sponsored venture capital funds.
5 min read · 29 April 2015