Rebecca Szkutak
The fund is focusing on early-stage IT and healthcare funds and is helmed by a management team that all hone experience from Adams Street Partners.
The firm has raised $57.7m from its LP base of high-net-worth individuals and family offices, many of whom are immigrants themselves.
The firm looks to deploy its debut $68m fund into a multi-pronged strategy that is disproportionately founder-friendly.
Recent commitments include Los Angeles Fire and Police Pensions, IFC and Sun Hung Kai in Korea, among others.
Public pensions and intuitional investors invested nearly $200m into building out their portfolio and committing to new VC firms.
The firm looks to continue its strategy of investing in healthcare and financial services companies from early stage through growth equity.
The organization looks to increase its investment in life sciences, late-stage funds and diverse managers heading into the new year.
The country’s VC market is maturing as investment volumes rise and sentiment around innovation continues to evolve.
Founder Gregory Dewerpe talks about this monumental moment for the firm and how interest in sustainable proptech companies is growing.
Regions like South-East Asia and Australia saw growth in venture debt while Latin America saw business return to normal quickly during the pandemic.