Private Equity
(Reuters) - Investors have fired G. Steven Burrill from the head of a $283 million venture capital fund he ran amid alleged fraud and misuse of capital, according to a lawsuit.
3 min read · 20 June 2014
The Canadian subsidiary of Cisco Systems Inc (Nasdaq: CSCO) has committed $150 million to its Cisco Canada Innovation Program, a strategy to support and accelerate innovation in Canada. Cisco Investments will partner with Canadian venture capital funds and incubators and make direct technology investments as part of the strategy, along with providing Cisco technology and go-to-market expertise to Canadian businesses, the company said. Activity, which will emphasize a mix of digital technologies sectors, businesses and investment stages, will occur over the next 10 years.
3 min read · 19 June 2014
Värde Partners has raised $2 billion in the final close of its latest fund focused on distressed and credit-oriented investments. Most of the pool's LPs backed the firm's previous funds.
2 min read · 19 June 2014
Värde Partners has raised $2 billion in the final close of its latest fund focused on distressed and credit-oriented investments. Most of the pool's LPs backed the firm's previous funds.
2 min read · 19 June 2014
Greycroft Partners said Thursday that it has closed $200 million for its latest fund Greycroft Growth. The fund will be led by Alan Patricof, Dana Settle, Ian Sigalow, Mark Terbeek and John Elton.
3 min read · 19 June 2014
Greycroft Partners has raised $200 million for its first growth fund, following in the footsteps of Union Square Ventures and Spark Capital.
3 min read · 19 June 2014
Meritech Capital Partners, a late-stage investor, is back in the market raising its fifth fund, according to two limited partners with knowledge of the fundraising.
1 min read · 19 June 2014
Meritech Capital Partners, a late-stage investor, is back in the market raising its fifth fund, according to two limited partners with knowledge of the fundraising.
1 min read · 19 June 2014
Meritech’s previous fund, which closed in 2011, is reportedly generating an IRR of more than 21 percent and a 1.28x multiple.
1 min read · 18 June 2014
Danhua Capital has raised nearly $91.3 million for a new fund, according to an SEC Form D filing. Headquartered in Palo Alto, Calif., Danhua Capital is a venture fund that invests in early-stage tech firms. To read the filing, visit here.
1 min read · 18 June 2014
