Publicly traded sports-oriented gaming and entertainment companies and owners of professional sports team owners are looking for stakes in the technology infrastructure being built to expand cross-sell opportunities.
LPs in TrueBridge's eighth fund of funds include the City of Tampa General Employees' Retirement Fund, Oklahoma Law Enforcement Retirement System, Oklahoma Police Pension and Retirement System, The Fire and Police Pension Association of Colorado, University of Houston System and University of New Hampshire Foundation.
Alex Gorsky has been named a general partner at Iconiq Growth.
A dozen climate-focused venture funds have raised a combined $3.5bn this year, according to Venture Capital Journal research.
Pelican is targeting a return of 4x capital and plans to back between 20 and 30 companies across pre-seed, seed and Series A rounds.
Imec xpand, a Belgian venture capital firm focused on semiconductor investments, has closed its sophomore fund at €300m.
Faisal Butt, founder of Pi Labs, has seen a 'dramatic improvement' in caliber of founder and number of companies in the proptech sustainability space.
Raising a sophomore fund can be even harder than closing on a debut fund. Successful fundraisers share the tricks of the trade.
Rishi Taparia, co-founder and general partner of Garuda Ventures, talks about growing up in Indonesia, basketball and why he has a replica of a Tyrannosaurus rex skull.
Fund IV's investors include the Mexico State Investment Council, JP Morgan Asset Management, Vanderbilt University Endowment and USAA.