White Star Capital raises $360m

The New York-based investment firm closed its third flagship fund.

  • Fund name: White Star Fund III
  • Amount raised: $360 million
  • Target size: $300 million
  • Stage of fundraising: Final close
  • Predecessor fund: White Star Fund II

White Star Capital has held a final close on White Star Fund III at $360 million, exceeding its $300 million target, according to a recent press release by the firm. The early growth fund will continue to invest in emerging technology companies across North America, Europe and Asia-Pacific.

The oversubscribed fund attracted commitments from Caisse de dépôt et placement du Québec, Investissement Quebec, Fonds de Solidarité FTQ and HarbourVest Partners. The vehicle’s predecessor, White Star Fund II, held a final closing in 2018 at $180 million.