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 v19.41

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.