Emerging Managers

LPs in Zeal Capital's Fund II include Citi Impact Fund, M&T Bank, MassMutual, Wells Fargo, Zaffre Investments and Spelman College, as well as VCs Scott Sandell and Jason Green.

Mat Powley, a partner on the private capital team, talks about the $28bn UK multifamily office’s approach to new and venture GPs for its flagship fund of funds.

LPs include Foundation Capital, GBM Ventures, Encore Bank and a dozen family offices from the US and abroad.

Besides Sequoia, LPs include Level Ventures, Cendana Capital, Vintage Investment Partners, Marktlink Capital, Spring Creek, Isomer Capital and Nexus Bay.

The new fund, which is 25% larger than its debut, is backed by Isomer Capital, Exor NV's Lingotto, Fondazione Compagnia di San Paolo, Grinnell College's Endowment, RSJ Investments and Aldea Ventures, Lunar says.

The European Investment Fund and Hellenic Development Bank of Investment each committed €20m to the fund.

After nearly two decades in Apollo’s private equity division, Justin Stevens brings his relationships with debt and other structured finance providers to bear at Overlap Holdings.

Fund I’s investors include emerging technology companies as well as institutional investors, foundations, endowments, family offices and strategic investors.