Delta Partners Capital, an advisory and investment firm based in Dubai, has held a first, $100 million, close of its Delta Partners Emerging Markets TMT Growth Fund II. Investors include the IFC (World Bank Group), NTT DOCOMO, and a number of family offices from Europe and the Middle East. The fund has a target of $350 million and a hard cap of $500 million.
Ignition Venture Partners is seeking $150 million for its newest fund – a major decrease from the last fund, which was $400 million. Still, the Seattle-based VC has scored some good exits lately, including data analytics provider Splunk.
What would the bushy-haired, red-faced kid from the now-infamous Bar Refaeli Super Bowl ad tap into for consumer media? Tapiture just secured $825,000 after John and Leo Resig, of Resignation Media, decided to spin the startup out under a new CEO last year.
The closely guarded performance of some top-tier venture capital funds in which the University of California invested a portion of its $10.65 billion endowment must become public, a judge said on Monday, Reuters reported. No information will come out immediately. The court is giving the university a stay until March 11 to allow the regents a chance to appeal.
Samsung Electronics unveiled a $100 million seed fund to support innovation in components and subsystems related to its broad product line of televisions, cell phones, computers and other digital devices. The Korean manufacturer also said it plans to increase its corporate venture investing this year
UTIMCO’s recent investments in 2011 and 2012 vintages show cause for hope
Acquirers scooped up at least eight venture-backed health care startups in January
Software-defined networking startups are getting plenty of love from venture capitalists and acquirers lately. To deliver the ROI, VCs must navigate a charged investment environment characterized by high valuations and anticipated sales.
Norwest Venture Partners is apparently preparing to open a New York office, eager to expand its presence in the Big Apple’s Internet startup scene, sources say.
Cyril Demaria, a regular guest contributor here at peHUB, recently had a conversation with Harvard Business School’s Jacob H. Schiff Professor of Investment Banking Josh Lerner.