News

B Capital Group invests in the enterprise, financial technology and healthcare sectors.

Pierre Mauriès, a former executive with The Carlyle Group and the Private Equity Technology practice director at PwC, is nearing a first close on a $500m fund for Nemesis Technologies.

The VC firm hopes to incentivize operators who do not have a fully baked idea but are eager to collaborate with former colleagues to form cohesive teams.

One of the two asset managers to which California Public Employees’ Retirement System allocated a combined $1 billion this week to expand diversity in alternative investment management said venture capital will be a key component of the inaugural fund it is launching with the pension fund’s capital.

Cake Ventures, a new pre-seed and seed venture firm, has closed its debut fund at $17m to invest in companies creating technologies that address major demographic changes.

Spooked by FTX, more VC firms will bolster their due diligence efforts before investing and insist on increased risk oversight at portfolio companies.

The impact secondaries firm has hired a veteran of sustainable private equity investing in anticipation of 'a lot of selling activity' by institutional investors.

Ben Finlay, who is in his last semester at Princeton University studying religion, recently founded Plesion Capital to make impact investments in Africa. It is targeting $10m for its debut fund.

Mendoza Ventures, a female- and Latinx-founded venture capital firm, announced that it has raised $100 million in the first close of its third fund.