Emerging Managers

Next Coast to raise $50 mln maiden venture fund

Next Coast Ventures is raising a maiden fund of $50 million, according to a filing with the SEC.

SoftTech expands its opportunity fund to $45 mln

SoftTech VC, which filed with the Securities and Exchange Commission in January to raise two new funds, has expanded the size of one of the funds by 50 percent, according to a new regulatory document.

Forté seeks $75 mln for sophomore fund

Atlanta-based Forté Ventures, a multi-stage investor, is seeking to raise $75 million for its second fund, according to a regulatory filing.

1315 Capital raises $179.5 mln toward target

Healthcare growth investor 1315 Capital has raised $179.5 million toward a $225 million target, according to a regulatory filing.

Brooklyn Bridge nearing $15 mln target

Brooklyn Bridge Ventures has raised more than $11.7 million toward a targeted $15 million second fund, according to a regulatory filing.

True Ventures files to raise $295 mln

True Ventures, an investor in BrightRoll, Fitbit, MakerBot and others, filed to raise $295 million for its fifth fund, according to a regulatory filing.

Rebranded VTF Capital to focus on commerce startups

Las Vegas-based firm still has connections to founder Tony Hsieh, although 74 percent of its portfolio is outside of Sin City

David Lee's Refactor Capital files to raise $50 mln

Refactor Capital is seeking $50 million for its inaugural fund, according to a regulatory filing. The fund, which is based in Burlingame, Calif., according to the filing, is led by David Lee, the seed-stage investor who left SV Angel last year. Joining him as GPs are Rick Barber and Zal Bilimoria. All three are former Google employees.

SV Angels targets $46 mln for new fund

San Francisco-based angel investor SV Angel has filed to raise $46 million for its sixth fund, according to a regulatory filing The only partner listed on the filing is Topher Conway, son of Ron Conway, although the SV Angel website also lists Brian Pokorny and Kevin Carter as general partners.

Portfolio management in the age of unicorns

Aberdeen’s Peter Denious chats about the unicorn fallout and managing venture portfolios