Industry Ventures founder Hans Swildens has started to hear from LPs at risk of defaulting on capital calls from venture funds because of lack of liquidity – something he hasn’t seen since 2009-2010.
Return LPs include City Football Group, Sinclair Broadcast Group, adidas, Anschutz Entertainment Group, Bank of Montreal, Intersect Capital, Wise Ventures and the ownership group of the Indiana Pacers.
Despite reports that say the late-stage and growth segments of the venture industry face a tough road ahead, M33 Growth found strong demand for its third fund, which beat its target.
The €1bn fund is 43% bigger than its predecessor and will continue the firm's strategy of backing European growth-stage software and consumer internet companies.
Big names like Hamilton Lane, KKR and Partners Group have embraced tokenization for private equity funds, so why haven't any large VC firms followed suit?
B Capital Group invests in the enterprise, financial technology and healthcare sectors.
Pierre Mauriès, a former executive with The Carlyle Group and the Private Equity Technology practice director at PwC, is nearing a first close on a $500m fund for Nemesis Technologies.
The VC firm hopes to incentivize operators who do not have a fully baked idea but are eager to collaborate with former colleagues to form cohesive teams.
One of the two asset managers to which California Public Employees’ Retirement System allocated a combined $1 billion this week to expand diversity in alternative investment management said venture capital will be a key component of the inaugural fund it is launching with the pension fund’s capital.
Cake Ventures, a new pre-seed and seed venture firm, has closed its debut fund at $17m to invest in companies creating technologies that address major demographic changes.