Weathergage Capital raises $190m

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Weathergage Capital has raised $190 million for its Weathergage Venture Capital IV, according to a SEC filing. The Palo Alto-headquartered firm began fundraising in 2016 with a $200 million target.

Its previous fund raised $230 million in 2015.

Investors that committed to Weathergage Venture Capital IV include the San Francisco Employees' Retirement System.

The fund will target venture capital fund opportunities in a diverse number of sectors in North America.