Lawrence Aragon
World Fund's debut vehicle closed on €300m, with backing from the European Investment Fund, KfW Capital and BPI France, among others.
As managing partner of Sonder Capital, Kate Garrett will spearhead the next phase of growth for the early-stage venture capital firm.
Tiger Global, which has roared through the fundraising market for the past 10 years, was only able to muster a meow with its latest fund.
Matter Venture Partners, a new firm started by two Kleiner Perkins vets, has closed on $300m for its debut, or $100m more than planned.
They make up just a small portion of the venture industry, but women who have managed to break into the business are thriving, judging by Venture Capital Journal's most popular stories this week.
Alaska Permanent, CalPERS and New Mexico SIC are more interested in growth equity since valuations have come down for growth-stage companies.
CalPERS committed a combined $2.1 billion to 13 growth equity and VC funds in the third quarter of 2023, a new report shows.
B Capital was co-founded by Eduardo Saverin, co-founder of Facebook.
To boost its private equity allocation from 13 percent to 17 percent, CalPERS plans to invest more heavily in venture capital and growth funds.
Altira Technology Fund VII was seeking to raise $200m and had been fundraising since January 2022.