Sentence examples for target fund size from inspiring English sources
The target fund size is $200m.
Pentech has closed its third fund, saying it was oversubscribed at £88 million, surpassing the original target fund size of £70 million.
Although Drokova declined to comment on the firm's target fund size, sources say it will reach in the region of $40 million.
That leaves $7 billion to go to meet a publicly stated target fund size of $100 billion by November 2017, six months after the initial close.
When the fund announced its first close in May 2017, it set a target final fund size of $93 billion.
"Large fund" is a moving target; the average fund size has crept up since the late '90s.
Asked about that, the firm says it targeted what it thinks is the "appropriate fund size for our strategy in the current market environment".
Microsoft Ventures, similar to Google's GV, will not have a specific fund size as such; nor will it have a target number of investments.
"You're going to see fund size shrink," he said.
