Emerging Managers

Renegade Partners overcame the sophomore slump thanks to its focus on deep-pocketed institutional investors for its debut fund.

Wind's fundraise brings the total number of climate funds raised this year to 16 and the aggregate amount raised to $4.5bn.

LPs from Fund I and II that have already committed to Fund III include the International Finance Corporation, German development bank DEG and the European Bank for Reconstruction and Development.

LPs include Mubadala Investment Co, tech investor Yuri Milner, Bolt Ventures, Boxfish Corp, Ferguson Capital II, Lakefield Enterprises III, NJF Capital Corp and RIT Capital Partners.

The aging of the population is 'the most uncontroversial transformation happening now to our society,' says Bruce Simpson, partner of AgeTech Capital.

Pelican is targeting a return of 4x capital and plans to back between 20 and 30 companies across pre-seed, seed and Series A rounds.

Imec xpand, a Belgian venture capital firm focused on semiconductor investments, has closed its sophomore fund at €300m.

The San Francisco-based firm has closed on $90m for Superset Capital II, which had a target of $100m.

LPs include “senior executives at BlackRock, Cooley, Google, senior healthcare and finance executives and prominent family office groups in the California area,” the firm says.

The Houston-based firm has raised over $100m for its debut fund to invest in deep tech companies.