Emerging Managers

LPs are just as happy with a successful exit as a founder as they are with a successful investment history when it comes to fundraising, advises Senofer Mendoza of Mendoza Ventures.

'Rather than just being a venture shop we see ourselves as a mini KKR or a mini Blackrock, bringing the same philosophy to each of these investing principles,' says co-founder Prasanth Chilukuri.

Film and TV royalties investor IPR.VC has secured a €25m commitment from the European Investment Fund, as it seeks to raise €120m for its third fund.

P1 Ventures, an early-stage, Pan-African venture capital firm, has closed its inaugural institutional fund at $50 million.

Overlap Holdings, a tech-focused firm founded by Justin Stevens, a former senior partner at Apollo Global Management, has closed its inaugural fund at $33 million.

Some VCs believe deals between small and midsized companies will proceed smoothly but that large-scale M&A transactions will continue to be hampered by unclear anti-trust treatment in certain concentrated markets.

LPs for the early-stage life sciences fund, which is targeting $350m, include the Fairfax County Police Officers Retirement System.

Emerging manager Ivan Nikkhoo explains how his firm helps B2B and enterprise SaaS companies navigate 'from A to growth.'

Waterpoint Lane Sustainability Fund I reportedly had a target size $7.54m.