Private Equity
Cendana Capital has closed on a new $50 million fund of funds and raised money for a direct investment fund, Managing Partner Michael Kim said. The new fund, Cendana Capital II, is a step up from Cendana's first fund, which was $28.5 million.
1 min read · 04 December 2014
Formation 8, which was founded in 2011 and has already scored at least one home run exit with the $2 billion sale of Oculus VR, announced it has raised $500 million for its second fund.
1 min read · 03 December 2014
Tiger Global Management nearly doubled the amount of venture capital raised this quarter by unveiling a $2.5 billion fund in a document filed Friday with the Securities and Exchange Commission.
2 min read · 02 December 2014
Canadian venture capital firm GrowthWorks Capital has obtained a loan of around $1 million from R.C. Morris & Company Special Opportunities Debt Fund II LP. The loan adds to the fund's previously extended $5.4 million loan, announced in 2013. In November, the Vancouver-based GrowthWorks said that Christopher Morris, principal of the R.C. Morris & Co fund, had been named the firm's new president and CEO.
3 min read · 01 December 2014
Silicon Valley-based Fenox Venture Capital is launching a $200 million fund focused on Bangladesh start-ups. Also, Fenox has named Shameem Ahsan, president of the Bangladesh Association of Software & Information Services, as a general partner.
2 min read · 01 December 2014
In October, U.S.-based venture fundraising soars more than 222 percent from the month before; the number of IPOs more than doubles
2 min read · 01 December 2014
Performance improvements from Asia Alternatives, Clarus, GGV
1 min read · 30 November 2014
Year-to-date total of $26.9 billion well ahead of 2013
2 min read · 29 November 2014
In the United States, wealth management firms, such as mutual funds, have increasingly played a part in the venture capital industry. In contrast, wealth managers in Canada have largely elected to bypass VC, despite embracing other alternative asset classes. In a peHUB Canada exclusive article, Richard Rémillard asks why this is the case and suggests how Canadian wealth managers and VC funds might find common ground.
5 min read · 28 November 2014
DAG Ventures is raising a $300 million sixth fund, DAG Ventures VI, according to a filing with the Securities and Exchange Commission. The fund appears less ambitious than the firm's previous fund, which in 2011 targeted $500 million, according to a filing at the time.
1 min read · 26 November 2014
