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Blossom Capital is thought to be targeting a raise of between $75 million and $100 million, and could have a first closing and official launch soon.
VentureFriends, the Athens-based VC that has backed the likes of Homie and Weengs, is announcing its new fund, with a first closing of €45 million.
500 is calling this a first closing, which means it is possible that the size of the fund could increase in the future — it's targeting $30 million.
This is a first closing, and will go up to £50 million, but the fund does not plan to go beyond that because of the team size.
Having held a first closing of US$150 million last month, the firm is expecting a swift final closing this fall, a rare feat in today's sluggish private equity fundraising environment.
The Corviglia Capital Fund will be deployed from Luxembourg and has secured $250M as a first closing for its first three years of operations, with the aim being to raise a total of $500M.
Similar(50)
We had originally forecast that a third of fund managers wouldn't achieve a first close.
The fund is rumoured to be heading towards a first close of $15m for late Summer.
A first close is expected to come over the next month or two, with a final close likely next year.
A third closing parenthesis probably should appear.
Sometimes a third, closing theme follows in the dominant.
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