Fund III was anchored by Cendana Capital and includes commitments from Intact Ventures, Atacama Ventures, NVNG Investment Advisors and strategic investor Schreiber Foods.
The transactional nature of semi-liquid fund structures can place a lower importance on relationship building between investors and their managers, says Nicole Musicco.
Early draft of legislation protects 'loophole,' targets cuts to Biden-era stimulus, affiliate Private Funds CFO has learned.
The aviation investment manager plans to raise a new fund that will build on JetBlue Ventures’ existing portfolio and expand founders’ access to more strategic relationships around the world.
Political and economic uncertainty could prevent investors from committing to illiquid climate funds, says Capricorn Investment Group partner Mark Berryman.
The European Investment Fund and Hellenic Development Bank of Investment each committed €20m to the fund.
'Investors in the fund will have the option to earmark a portion of their investment to be held in an interest-bearing account that will serve as an ongoing source of revenue to cover management fees and carried interest,' says managing partner Michelle Urben.
After nearly two decades in Apollo’s private equity division, Justin Stevens brings his relationships with debt and other structured finance providers to bear at Overlap Holdings.
The fund's private markets-style structure 'allows us to apply a venture capital mindset to publicly traded biotech companies,' says managing partner Gaurav Aggarwal.
Fund III is 28% smaller and took 10 months longer to raise than Deerfield Healthcare Innovations Fund II, according to Venture Capital Journal research.