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

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