Lawrence Aragon
“Companies that are well-prepared and have the ability to hit IPO windows quickly should be able to make it out,” Mike Bellin, IPO services leader for PWC, tells VCJ.
Murray is expected to use his insights on wellness and sports to help inform investment decisions.
Fund I’s limited partners include billionaire tech founders and prominent institutions.
Besides Sequoia, LPs include Level Ventures, Cendana Capital, Vintage Investment Partners, Marktlink Capital, Spring Creek, Isomer Capital and Nexus Bay.
The new fund, which is 25% larger than its debut, is backed by Isomer Capital, Exor NV's Lingotto, Fondazione Compagnia di San Paolo, Grinnell College's Endowment, RSJ Investments and Aldea Ventures, Lunar says.
Leyla Holterud 'is the ideal leader to scale our European platform and the bridges we have been building between Europe and the rest of the world for well over a decade,' says Vintage co–managing partner Asaf Horesh.
Nicole Musicco, former CIO of CalPERS, warns that evergreen funds may lead to a more transactional dynamic between manager and investor.
The Utah venture firm, founded in 2022, has changed its name from RevRoad Capital to Stalwart Ventures.
The European Investment Fund and Hellenic Development Bank of Investment each committed €20m to the fund.
Fund III is 28% smaller and took 10 months longer to raise than Deerfield Healthcare Innovations Fund II, according to Venture Capital Journal research.