Emerging Managers

Liu Jiang, a partner at Sequoia from 2015-20, is seeking $30m for a new vehicle called Sunflower Capital Investment Fund.

Glasswing Ventures has raised $158m for its second fund, which will focus on AI-enabled early-stage enterprise and security start-ups.

Fund II will invest in 18 to 20 seed to Series A construction and real estate tech start-ups.

A number of European fund of funds programs are taking a careful approach in their search for newer managers, placing emphasis on effective game plans and the right access to dealflow.

Rogue Women's Fund uses part of its management fee to fund support programs for female founders, including providing a personal leadership coach, financial coach and a family stipend, says managing partner Caroline Lewis.

For its debut fund, the New York-based firm raised at least $20.8m from 27 investors.

Ocean Propeller Fund I GP has raised about $59m toward a goal of $120m, according to a regulatory filing.

LPs include Mitsubishi Estate, Tokyu Fudosan, Obayashi Corporation, Mori Trust and Hitachi Solutions.

Széchenyi Funds, a Hungarian fund manager, has agreed to invest $20 million in Flashpoint's third venture fund.

First-time fund manager Cornerstone VC has set out to prove that backing diverse entrepreneurs will deliver superior financial returns. Positive impact is a 'significant secondary benefit.'