REPOST: The Capital Report v19.11.04

This is a repost from The Capital Report v19.11.04

HIGHLIGHT OF FUNDS

  • BIP Capital, a venture capital firm active in the Southeastern United States, closed its newest fund, at $101m
  • Motive Partners, a NYC-based investment firm focused on investing in financial services technology enabled companies, closed its inaugural fund, at more than $473m
  • Jungle Ventures, a Southeast Asian early-stage venture capital firm, closed its third fund, at $240m
  • Wireless technology company Qualcomm Incorporated (NASDAQ: QCOM) has launched a $200m 5G investment fund
  • Crestline Investors, Inc., a credit-focused institutional alternative asset manager, closed its first European Opportunity Fund, at $360M
  • Peak Ventures, a Lehi, Utah-based venture capital firm, closed its third fund, at $75m
  • TPG Sixth Street Partners, a finance and investment business with over $32 billion in assets under management, and its TSSP Capital Solutions platform, closed its first Capital Solutions fund, at approximately $2.2 billion of total third-party commitments

URL for full report: http://bit.ly/2PMk5LG

The Capital Report v19.43

THE CAPITAL REPORT V19.43

 

RECENT ANNOUCEMENTS

  • TPG Sixth Street Partners, a finance and investment business with over $32 billion in assets under management, and its TSSP Capital Solutions platform closed its first Capital Solutions fund, at approximately $2.2 billion of total third-party commitments
  • Boston, MA-based health system Partners HealthCare has launched two new investment funds.
  • Bend, Ore.-based Cascade Seed Fund, which is rebranding from Cascade Angels Fund, has held an initial close on the sixth fund since 2014 at $5.4 million
  • Aybuben Ventures, a Pan-Armenian venture capital fund dedicated to Armenian tech entrepreneurs from all over the world, launched with an initial $50m fund
  • Milwaukee-based Northwestern Mutual Future Ventures will dedicate $20m of its funding to investing in startup companies founded by women
  • Microsoft’s venture fund M12 is partnering with Mayfield and Pivotal Ventures to launch a $6m competition for women-led enterprise startupS
  • Jackson Square Ventures, a San Francisco, CA-based venture capital firm specializing in SaaS and Marketplace companies, closed its third fund, at $193m
  • Sofinnova Partners, a Paris, France-based venture capital firm focused on life sciences, closed its latest early-stage healthcare fund, Sofinnova Capital IX, at €333m
  • Idinvest, a European mid-market private equity firm, closed Idinvest Digital Fund III, at €350M

FUND ANNOUNCEMENT HIGHLIGHT

SAN FRANCISCO and NEW YORKOct. 22, 2019 /PRNewswire/ — TPG Sixth Street Partners (“Sixth Street”), a global finance and investment business with over $32 billion in assets under management, and its TSSP Capital Solutions (“Capital Solutions”) platform today announced the final close of its first Capital Solutions fund.   In addition to commitments from the Sixth Street team, the fund raised approximately $2.2 billion of total third-party commitments, reaching its hard cap. Capital Solutions is actively investing out of the fund and has already deployed over $500 million

Read more: https://www.prnewswire.com/news-releases/tpg-sixth-street-partners-hits-cap-on-first-tssp-capital-solutions-fund-with-2-2-billion-close-300942526.html

Continue reading “The Capital Report v19.43”

The Capital Report v19.42

Reblog from Investor Network

THE REPORT HIGHLIGHT

Jackson Square Ventures (JSV), an eight-year-old, San Francisco-based early-stage venture firm that takes its name from the neighborhood in San Francisco where it’s headquartered, has closed its third fund with $193 million in capital commitments — a sizable step up from its first two funds, which had both rounded up roughly $120 million from the firm’s limited partners.

Read more: https://techcrunch.com/2019/10/14/jackson-square-ventures-just-closed-its-third-fund-with-193-million-heres-how-it-plans-to-invest-it/

THE CAPITAL  REPORT v19.42

  • Jackson Square Ventures, a San Francisco, CA-based venture capital firm specializing in SaaS and Marketplace companies, closed its third fund, at $193m
  • Sofinnova Partners, a Paris, France-based venture capital firm focused on life sciences, closed its latest early-stage healthcare fund, Sofinnova Capital IX, at €333m
  • Idinvest, a European mid-market private equity firm, closed Idinvest Digital Fund III, at €350M
  • Clean Energy Ventures (CEV), a Boston, MA-based investor in early-stage advanced energy startups, closed its first fund, at $110m
  • M13, a Los Angeles, CA-based venture firm, closed its second venture capital fund, at $175M
  • Sunstone Partners, a San Mateo, CA-based growth equity firm, closed its second fund, at $475m
  • Day One Ventures, a San Francisco, CA- and NYC-based early-stage venture capital firm specializing in spearheading communications for its portfolio companies, closed its first fund, at nearly $20M
  • London, UK and Luxembourg based Hiro Capital has launched a €100m fund to back UK and EU leaders in the global Games, Esports and Digital Sports sectors
  • One Equity Partners, a NYC-based middle market private equity firm, completed fundraising for its seventh fund, with $1.75 billion in total capital commitments
  • Ginkgo Bioworks, a Boston, MA-based organism company, has launched the Ferment Consortium, a $350m private investment vehicle for funding spinout companies with transformative potential in established industries

DISCLAIMER: All deal information is provided by 3rd party sources such as AP, Bloomberg, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other great resources. Please check with the company website for a press release. We do not update our posting or check the source of the news.

The Capital Report v19.41

Reblog from Investor Network

THE REPORT HIGHLIGHT

Maven Ventures, a venture capital fund that made early-stage investments in Zoom and Cruise, is launching a $65 million fund to feed off growing investor interest in taking small but very early bets on the next generation of technology companies.

Read more: https://www.forbes.com/sites/catherineperloff/2019/09/25/maven-ventures-raises-new-fund/#69630b4f6b85

RHC REPORT

  • Sverica Capital Management, a growth-oriented lower middle-market private equity firm, held the first and final close of its fifth private equity fund, at $450M
  • Thin Line Capital, a Pasadena, CA-based venture capital firm, launched a seed-stage fund with the first close of over $5m
  • Voyager Capital, a Seattle, WA-based venture capital firm focused on first-round venture technology investments, raised $100m to accelerate innovation in the Cascadia market, which includes Washington, Oregon, and Western Canada
  • Accelmed, a New York- and Herzliya, Israel-based group of funds investing in health tech companies in the fields of medical device and digital health, is establishing a new venture capital fund with the goal of raising and managing approximately $100m
  • 83North, a London, UK and Tel Aviv, Israel – based international venture capital firm, closed a $300m fundraising
  • Las Vegas, Nevada-based Sports Gaming Investment Fund (SGIF) has launched a new fund focused primarily on the U.S. legal sports betting industry
  • Panache Ventures, a Montreal, Quebec-based venture capital firm, closed its inaugural fund, at $58m
  • Silverton Partners, an early-stage venture capital firm based in Austin, is to raise $120m for its latest fund
  • Notion Capital, a London, UK-based venture capital firm, has launched its fourth fund focused on B2B, with a target to exceed $150m
  • Radian Capital, a NYC-based growth stage fund focused on enterprise software and technology-enabled services, raised $300m for its second fund
  • Kimmeridge Energy Management Company, LLC, an energy private equity firm focused on making direct investments in unconventional oil and gas assets in the U.S., closed its fifth fund, at $800m
  • Valor Ventures, an Atlanta, GA-based woman-led venture capital firm, held the first close on its Fund
  • HKW, an Indianapolis- and NYC-based middle-market private equity firm focused on growth-oriented companies, closed HKW Capital Partners V, L.P., with total commitments of $365m
  • Harbinger Ventures, a Boulder, CO-based growth equity firm that funds female-founded consumer brands, closed its second fund, at $21.7M
  • Grand Ventures, a Grand Rapids, Michigan-based venture capital firm focused on providing emerging companies with early-stage capital and strategic support, closed its flagship Fund I, LP, at $28m
  • Ajax Health, a Menlo Park, Calif.-based investor in the healthcare space, raised $100m to form Ajax 3
  • Pico Venture Partners, a Jerusalem, Israel-based early-stage venture capital firm, closed its second fund, at $80m
  • Cresco Capital Partners rebrands as Entourage Effect Capital; launches cannabis related fund
  • Maven Ventures, a Palo Alto, CA-based venture capital firm investing in seed-stage consumer software companies, closed Maven Ventures Fund III, at $65M

DISCLAIMER: All deal information is provided by 3rd party sources such as AP, Bloomberg, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other great resources. Please check with the company website for a press release. We do not update our posting or check the source of the news.

The Capital Report v19.38

Reblog from Investor Network

THE CAPITAL REPORT  HIGHLIGHT

PALO ALTO, Calif. & NEW YORK & LONDON–(BUSINESS WIRE)–Advent International, one of the largest and most experienced global private equity investors, today announced that it has completed fundraising for Advent Global Technology (“Advent Tech” or the “Fund”), a technology-focused companion fund to its flagship Global Private Equity (GPE) program. Advent Tech exceeded its $1.6 billion target and reached its hard cap of $2 billion after six months in the market.

The debut of the new fund closely follows the completion of fundraising for Advent’s ninth global private equity fund, GPE IX, at the hard cap of $17.5 billion, bringing the firm’s total capital raised in 2019 to $19.5 billion.

Read more: https://www.businesswire.com/news/home/20190918005239/en/Advent-International-Raises-2-Billion-Global-Technology

THE CAPITAL  REPORT (NEW FUNDS)

  • Pico Venture Partners, a Jerusalem, Israel-based early-stage venture capital firm, closed its second fund, at $80m
  • ArcTern Ventures, a Toronto and Montreal, Canada-based venture capital firm investing globally in breakthrough clean technology companies addressing climate change and sustainability, held the second closing of its Fund II
  • Splunk Inc. (NASDAQ: SPLK), a San Francisco, CA-based provider of a data platform to investigate, monitor, analyze and act on data at any scale, launched Splunk Ventures and two inaugural funds
  • Venture University (VU), an investor accelerator for venture capital (VC), private equity (PE), and angel investing, and a multi-stage investment fund, has announced the launch of its New York City office and NYC-based investor accelerator programs
  • Colorcon, a Harleysville, PA-based world leader in the development, supply and technical support of specialty products for the pharmaceutical industry, has established Colorcon Venturesa $50m venture fund
  • AnaCap Financial Partners, a European dedicated financial services specialist investor, closed its fourth Credit Opportunities fund, at €1 billion
  • Bee Partners, a San Francisco, CA-based pre-seed venture capital firm, closed its third fund, at $43m
  • Mission Bay Capital, a San Francisco, CA-based early-stage life-science venture capital firm investing in innovative entrepreneurs working on vital medical and environmental challenges, closed its third fund, at $60M
  • March Capital Partners, a Santa Monica, CA-based technology investment firm, is raising a €410m fund
  • Providence Strategic Growth Capital Partners L.L.C., a Boston, MA-based affiliate of Providence Equity Partners L.L.C., a private equity investment firm with over $45 billion in aggregate capital commitments, closed its fourth fund with $2.0 billion of limited partner commitments
  • Ardian, a Paris, France-based private investment firm, raised $2.5 billion for its latest co-investment fund, Ardian Co-Investment Fund V
  • Hype Capital, the newly created venture fund of HYPE Sports Innovation, is now expanding its VC fund in the US
  • Sky9 Capital, a Beijing, China-based early-stage venture capital firm that invests in Chinese technology startups, closed a new set of funds with $440m in capital commitments
  • Advent International, a global private equity investor, completed fundraising for Advent Global Technology, a technology-focused companion fund to its flagship Global Private Equity (GPE) program, at $2 billion

DISCLAIMER: All deal information is provided by 3rd party sources such as AP, Bloomberg, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other great resources. Please check with the company website for a press release. We do not update our posting or check the source of the news.

The Capital Report v19.37

THE  REPORT HIGHLIGHT

The growth investing arm of private-equity firm Providence Equity Partners has wasted no time raising its latest fund.

Providence Strategic Growth Capital Partners has collected $2 billion for its latest growth vehicle, a little more than a year after raising

Read more: https://www.wsj.com/articles/providence-strategic-growth-collects-2-billion-for-fourth-vehicle-11568160000?tpl=privateequity

 

THE CAPITAL REPORT v19.37

  • Providence Strategic Growth Capital Partners L.L.C., a Boston, MA-based affiliate of Providence Equity Partners L.L.C., a private equity investment firm with over $45 billion in aggregate capital commitments, closed its fourth fund with $2.0 billion of limited partner commitments
  • Ardian, a Paris, France-based private investment firm, raised $2.5 billion for its latest co-investment fund, Ardian Co-Investment Fund V
  • Hype Capital, the newly created venture fund of HYPE Sports Innovation, is now expanding its VC fund in the US
  • Sky9 Capital, a Beijing, China-based early-stage venture capital firm that invests in Chinese technology startups, closed a new set of funds with $440m in capital commitments
  • Marketing Architects, a Minneapolis based advertising agency, has launched a corporate venture capital arm
  • Link Ventures, a Cambridge, Mass.-based venture capital firm, closed on more than $100m in capital commitments for its Link Ventures 2 fund
  • 3Lines Venture Capital, a Greenwood Village, CO- and Gurgaon, Haryana, India-based investment firm, closed on the first $5M tranche of its Rocket Fund
  • Accion, a Washington, D.C.-based financial inclusion focused nonprofit organization, expanded its seed-stage investment initiative Accion Venture Lab with the addition of $33M to its initial capital pool
  • Xiang He Capital, a China TMT focused venture capital firm, closed its second USD-denominated venture fund, at $425m
  • Ford Financial Fund, a Dallas, TX-based private equity fund focused on investments in community banks, closed Ford Financial Fund III, L.P., with over $1 billion in commitments
  • Freeman Spogli & Co., a Los Angeles, CA- and NYC-based middle market private equity firm, closed FS Equity Partners VIII, L.P., at $1.85 billion
  • MiddleGround Capital, a Lexington, Ky.-based private equity firm that makes control investments in business-to-business industrial and specialty distribution companies in the North American lower middle market, closed its first fund, MiddleGround Capital I, LP., at $459.5m
  • Las Vegas, NV-based Universal Labs Opportunity Fund has launched to invest in the development of natural medicines for prevention and treatment of cancer
  • Taiho Pharmaceutical Co., a Tokyo, Japan-based specialty pharma company with a focus on oncology, is to invest up to US$30m in Remiges Biopharma Fund II, LP, a biopharma venture capital fund formed by Remiges Ventures

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

The Capital Report v19.35

The Capital Report will be moving to www.CapitalReportbyJD.com

THE CAPITAL  REPORT HIGHLIGHT

DALLAS–(BUSINESS WIRE)–Ford Financial Fund today announced the closing of Ford Financial Fund III, L.P., with over $1 billion in commitments. Ford Financial Fund is a private equity fund focused on investments in community banks. It is co-managed by Gerald J. Ford and Carl B. Webb, who are among the nation’s most experienced and successful investors in and operators of a broad range of financial services companies. The General Partner committed $155 million of its own capital across Fund II and Fund III, which are both fully invested in Mechanics Bank. Fund II closed in May 2013.

Read more: https://www.businesswire.com/news/home/20190903005209/en/Ford-Financial-Fund-III-L.P.-Closes-1

THE CAPITAL REPORT

  • 3Lines Venture Capital, a Greenwood Village, CO- and Gurgaon, Haryana, India-based investment firm, closed on the first $5M tranche of its Rocket Fund
  • Accion, a Washington, D.C.-based financial inclusion focused nonprofit organization, expanded its seed-stage investment initiative Accion Venture Lab with the addition of $33M to its initial capital pool
  • Xiang He Capital, a China TMT focused venture capital firm, closed its second USD-denominated venture  fund, at $425m
  • FlowStone Partners, an Avon, Conn.-based provider of private equity investment opportunities to qualified high net worth investors, has launched a closed-end, non-exchange-listed investment management company registered under the Investment Company Act of 1940
  • Freeman Spogli & Co., a Los Angeles, CA- and NYC-based middle-market private equity firm, closed FS Equity Partners VIII, L.P., at $1.85 billion
  • MiddleGround Capital, a Lexington, Ky.-based private equity firm that makes control investments in business-to-business industrial and specialty distribution companies in the North American lower middle market, closed its first fund, MiddleGround Capital I, LP., at $459.5m
  • Las Vegas, NV-based Universal Labs Opportunity Fund has launched to invest in the development of natural medicines for the prevention and treatment of cancer
  • Ford Financial Fund, a Dallas, TX-based private equity fund focused on investments in community banks, closed Ford Financial Fund III, L.P., with over $1 billion in commitments

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

The Capital Report v19.34

 REPORT HIGHLIGHT

Mindset Ventures, an International early-stage Venture Capital Fund, has announced the launch of its Fund III aimed at $50M. Mindset has local presence in Sao Paulo, San Francisco and Tel-Aviv, around 40 companies in its portfolio and has also recently announced its first exit.

Read more: https://www.prweb.com/releases/mindset_ventures_announces_its_first_exit_and_the_launch_of_its_third_fund/prweb16515401.htm

THE CAPITAL  REPORT

  • Las Vegas, NV-based Universal Labs Opportunity Fund has launched to invest in the development of natural medicines for the prevention and treatment of cancer
  • Taiho Pharmaceutical Co., a Tokyo, Japan-based specialty pharma company with a focus on oncology, is to invest up to US$30m in Remiges Biopharma Fund II, LP, a biopharma venture capital fund formed by Remiges Ventures
  • Presight Capital, the international venture arm of Christian Angermayer’s Apeiron Investment Group, closed its first fund, at $80m
  • Varsity Healthcare Partners, a Los Angeles, California and Stamford, Connecticut-based lower middle-market private equity firm focused on healthcare services, closed Varsity Healthcare Partners III, at $417m
  • Algo Capital, the financial institution focused on accelerating access, adoption and liquidity of the Algorand blockchain, closed its Algo VC Fund, at $200m
  • CrowdStrike, Inc. (Nasdaq: CRWD), a Sunnyvale, Calif.-based cloud-delivered endpoint protection provider, launched a $20m early stage investment fund
  • Fearless Fund has launched a $5M venture capital fund fueling women Of color owned businesses
  • Paragon Biosciences, LLC, a Chicago, IL-based life science firm that invests in, builds, and advises bioscience companies, has formed Paragon Health Capital
  • Novalis LifeSciences, a Hampton, N.H.-based investment and advisory firm for the Life Science industry, raised $85M in capital for its first fund
  • Mindset Ventures, a Sao Paulo, San Francisco and Tel-Aviv-based early-stage venture capital firm, is announcing the launch of its third fund with a target of $50M

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

The Capital Report v19.33

REPORT HIGHLIGHT

Argonaut Private Equity closed Argonaut Private Equity Fund IV, at $400m

TULSA, Okla.–(BUSINESS WIRE)–Argonaut Private Equity, a Tulsa-based private equity fund, announced its investment in Mammoth Carbon Products, a Houston-based pipeline distribution company. Mammoth is an industry leader in carbon steel pipe distribution and services for the energy infrastructure markets.

Read more: https://www.businesswire.com/news/home/20190228005836/en/Argonaut-Private-Equity-Partners-Mammoth-Carbon-Products

THE CAPITAL  REPORT

  • Paragon Biosciences, LLC, a Chicago, IL-based life science firm that invests in, builds, and advises bioscience companies, has formed Paragon Health Capital
  • Fearless Fund has launched a $5M venture capital fund fueling women Of color owned businesses
  • Novalis LifeSciences, a Hampton, N.H.-based investment and advisory firm for the Life Science industry, raised $85M in the capital for its first fund
  • Sunstone Management, a diversified capital management and investment firm based in Long Beach, Calif., has launched a new fund to facilitate the growth of startups participating in the Long Beach Accelerator program
  • NYC-based early stage venture capital Swell Partners has launched a new $3.3m sector-agnostic, human-centric fund
  • Lux Capital, a venture capital firm based in New York City and Silicon Valley investing in counter-conventional, seed and early stage science and technology ventures, raised over $1 billion for two new funds
  • Oakley Capital, a Western Europe-focused private equity firm, recently closed its latest fund, at €1.46bn
  • Argonaut Private Equity, a Tulsa, Oklahoma-based private equity firm, closed Argonaut Private Equity Fund IV, at $400m

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

The Capital Report v19.32

REPORT HIGHLIGHT

NEW YORKAug. 15, 2019 /PRNewswire/ — Swell Partners is a new venture fund of $3.3 million. The fund was announced today and is founded and run by Jay Patil and Rusty Ralston, investors who have also guided the formation of teams for more than 50 successful start-ups over the past decade.

Read more: https://www.prnewswire.com/news-releases/new-venture-fund-puts-the-building-of-top-tier-teams-at-fore-300902757.html

THE CAPITAL REPORT

  • Sunstone Management, a diversified capital management and investment firm based in Long Beach, Calif., has launched a new fund to facilitate the growth of startups participating in the Long Beach Accelerator program
  • NYC-based early stage venture capital Swell Partners has launched a new $3.3m sector-agnostic, human-centric fund
  • Lux Capital, a venture capital firm based in New York City and Silicon Valley investing in counter-conventional, seed and early stage science and technology ventures, raised over $1 billion for two new funds
  • Oakley Capital, a Western Europe-focused private equity firm, recently closed its latest fund, at €1.46bn
  • Brick & Mortar Ventures, a San Francisco, CA-based construction tech venture capital firm, closed its first institutional fund, at $97.2M
  • Great Point Partners, a Greenwich, CT-based healthcare investment firm, closed its latest growth buy-out fund, Great Point Partners III, at $306m
  • Elysium Venture Capital, a Palo Alto, Calif.-based venture capital firm, has come out of stealth with $100m in assets under management
  • Valar Ventures, a New York­-based venture capital firm, raised $150m for its Fund V
  • Cocoon Capital, a Singapore-based early-stage venture capital firm, closed its second fund, at USD 22m

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.