Private Equity

US

ARCH Venture Partners wraps up 12th fund at nearly $3bn

ARCH Venture Fund XII will back early-stage biotech companies.

1 min read · 30 June 2022

NEA promotes two to principal

Venture capital firm New Enterprise Associates has promoted Jess Ou and Tiffany Le to principal. Additionally, NEA promoted Zak Burns, Henry Magun, Alex Sharata and Emily Zhen to senior associate.

1 min read · 29 June 2022

Ohio's Drive Capital revs up $1bn for two funds

Drive Capital has raised $1bn across two new funds to serve companies in the so-called 'Driveway,' a region spanning from the Hudson River to the Rocky Mountains often overlooked by investors.

2 min read · 29 June 2022

Conversion Capital wraps largest fund yet at $122m

Fund III's limited partners include institutions, family offices and more than a dozen founders.

2 min read · 28 June 2022

Newark Venture Partners hires two and promotes one

Newark Venture Partners has hired Kiswana Browne, previously with Plug and Play Ventures, and Chika Ogele, formerly of Eight Sleep.

1 min read · 28 June 2022

CIBC Innovation Banking unveils $1.5bn late-stage venture fund

The fund will be used to back later-stage start-ups.

2 min read · 28 June 2022

Pressed LPs more likely to pare commitments to PE than VC: analyst

In light of economic stressors, LPs are asking themselves if they should pull back from private assets or just sit tight.

6 min read · 28 June 2022

In brief: Bessemer is fundraising just 16 months after raising $3.3bn

Bessemer raised $2.475bn for early-stage tech fund Bessemer Venture Partners XI and $825m for growth fund Century II in February 2021.

1 min read · 27 June 2022

Women-focused True Wealth Ventures raises $35m for second fund

Women-focused venture capital firm True Wealth Ventures has closed its second fund at $35 million, noting that the vehicle was oversubscribed.

3 min read · 27 June 2022

MaC Venture Capital wraps sophomore fund for underserved founders

The majority-Black-owned venture firm, has raised $203m for its second seed-stage fund.

2 min read · 27 June 2022

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