Motive Partners up limit in new fund to USD2bn
The of upper limit of Motive Partners’ latest fund has been increased to US2 billion ahead of its expected closing in the next few weeks, according to a report by the Wall Street Journal. Investors agreed to the change by the New York-based firm, which is partly owned by Apollo Global Management Inc and Capital […]
Expense management firm Jeeves raises $180m led by GIC at $2.1bn valuation
Expense management platform for startups Jeeves raised $180m in a funding round that values it at $2.1bn. The round was led by Tencent Holdings and also included Singapore’s sovereign wealth fund GIC, U.S. venture capital firm CRV and several other funds. Jeeves, which was launched through Silicon Valley’s prominent incubator Y Combinator, develops financial structures […]
FTV Capital raises record growth equity fund at USD2.3bn
Growth equity investment firm FTV Capital has held the close of FTV VII, its seventh and largest fund, oversubscribed at its hard cap of USD2.3 billion in capital commitments. This new fund provides FTV flexibility to make control and significant minority equity investments, often as the first institutional investor, generally ranging from USD30 to USD200 […]
Female-founded VC raises largest debut fund of USD1.5bn
Katie Haun, a crypto investor, has raised USD1.5 billion for her new fund, Haun Ventures, according to CNBC. Pitchbook is reported as saying it is the largest debut venture fund ever raised by a solo female founding partner. The former highest was a USD1.3 billion fund raised by investment banker, Mary Meeker. The fund will […]
Certares Eyes at Least $5 Billion for New Private Equity Fund
Certares Management, an investment firm led by Hertz Global Holdings Inc. Chairman Greg O’Hara and dedicated to the travel, tourism and hospitality industries, is seeking capital for a new private equity fund, according to people with knowledge of the matter. Certares is aiming to raise $5 billion to $6 billion for the vehicle, Certares Holdings […]
Tiger Global Closes $12.7bn For Latest Growth Fund
Tiger Global Management has raised some $12.7 billion for a new fund to support early-stage, fast-growing tech companies amid rising tech investment that has accelerated during the pandemic. The multi-strategy firm raised more than $11 billion for its latest growth investment fund, Tiger Global Private Investment Partners XV LP, in less than four months, according […]
NIO Capital closes Eve ONE Fund II at around USD400m
NIO Capital, a Chinese investment firm focused on decarbonisation and digitalisation, has held the successful final closing of NIO Capital’s flagship fund, Eve ONE Fund II at approximately USD400 million. The fund was oversubscribed and quickly surpassed its original target fund size and hard cap. Notably, this Fund has nearly doubled the capital commitments of […]
Startup Advance Intelligence Weighs $300 Million Funding Round
Advance Intelligence Group, a startup with businesses spanning from identification verification to consumer lending, is weighing raising about $300 million in its latest funding round, according to people with knowledge of the matter. The company, which is backed by private equity firm Warburg Pincus LLC, is in preliminary discussions with advisers on the planned fundraising, […]
KKR Eyes Raising $5 Billion to Invest in Mid-Size Companies
KKR & Co. plans to launch its first-ever fund to invest in mid-size companies and may raise as much as $5 billion for the effort. KKR and its publicly-listed peers are expanding into new strategies as they seek to increase assets under management and bolster fee revenue. The firm has indicated that it will fundraise […]
Advent International to close Fund X at USD23bn
Advent International is on course to finish fundraising for its 10th flagship buyout fund at USD23 billion next month, according to a report by BuyoutsInsider. A report by Massachusetts Pension Reserves Investment Management, which is committing USD350 millions cited as the source of the information, while the Wall Street Journal says that Advent expects fundraising […]
