Chris Witkowsky

Insight Venture Partners, a growth- and early-stage investor, has been working on a restructuring process to move assets out of older funds into a continuation vehicle that will give the GP more time to manage the assets. Insight is one of a handful of top-line venture managers who have turned to the secondary market to […]

Another big venture player is using the secondary market to sort out older funds. Insight Venture Partners, a venture and growth investor based in New York, is running a secondary process that will enable LPs in older funds to cash out of their stakes or stick with the manager in a continuation vehicle. It’s not […]

Silver Lake is eyeing $750 million for its third tech-growth credit fund, ramping fund size in an ultracompetitive market for middle-market technology, sources told Buyouts. Silver Lake Waterman Fund III targets investments in pre-IPO, later-stage growth companies in technology, tech-enabled and growth-related industries. It lends money to such companies that don’t want the dilution of […]

Two senior-level executives at Accel-KKR are changing their roles as the firm kicks off fundraising for its sixth flagship pool, sources said. Managing Director Joe Savig has left the firm, sources said. It’s not clear why he departed. Savig joined the firm in 2007, prior to which he worked at Graham Partners, according to his LinkedIn profile. For the past two […]

Three GPs from Ascent Venture Partners are raising their debut fund, targeting $125 million for early-stage growth investments in a new shop called Pulse Ventures, a person with knowledge of the firm told VCJ parent Buyouts Insider. Geoff Oblak, Matt Fates and Luke Burns have all been longtime GPs at Ascent, based in Boston. They have […]

Altos Ventures is working on a process to pay back limited partners in one of the strongest performing venture funds of the past decade. Altos, formed in 1996, is working with Lazard on a process to pull assets out of its fourth fund and move them into a new fund, known in the industry as […]

Owl Rock Capital Partners, which recently led the financing for Vista Equity’s acquisition of Mindbody, has opened a Silicon Valley office as it works to deploy its debut tech-lending fund, sources told VCJ parent Buyouts Insider. The Menlo Park office, which sources said opened around the start of the year, will help position the firm […]

New Enterprise Associates is nearing a close for a process to spin out startup investments from older funds into a new pool managed by one of its executives. The process is one of several run by high-profile investment managers using the secondary market to provide liquidity to investors in older funds and sort out long-held […]

As Butterfly Equity, a food-focused PE firm, closes in on its debut fund, one of the firm’s operating partners is also in the lead to buy the fresh-foods business of Campbell Soup Co. Butterfly has raised at least $174 million, and likely much more, for its first fund, called Butterfly II. The pool has a […]

Goldman Sachs has emerged as the lead buyer in an innovative secondary deal, being run by New Enterprise Associates, that is among the largest-ever such transactions in the venture capital world, three sources told VCJ affiliate publication Buyouts. The transaction is one of a group of deals involving high-profile GPs finding ways to deliver liquidity […]