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Category: Fund News

Nokia’s venture arm NGP Capital closed $400m Fund V for 5G-era investments

NGP Capital, a venture capital firm with Nokia as its sole investor, has closed Fund V with $400m funding from the technology company. The post Nokia’s venture arm NGP Capital closed $400m Fund V for

Stonepeak raises $14bn for new infra fund, double size of 2018 predecessor vehicle

Specialist investment firm Stonepeak has closed its second fund in six months by hauling in a massive $14bn of commitments for its latest infrastructure vehicle. The post Stonepeak raises $14bn for new infra fund, double

Carlyle sees AUM soar past $300bn amid massive 2021 fundraising surge

Global buyout giant Carlyle saw its asset under management surge 22% in the last financial year to more than $300bn amid a surge in fundraising activity. The post Carlyle sees AUM soar past $300bn amid massive

Vance Street Capital closes third fund on $432.5m, two years after fund launch

LA-based private equity firm Vance Street Capital has held the final close for its third buyout fund on $432.5m, beating its target of $375m. The post Vance Street Capital closes third fund on $432.5m, two

EverSource closes India’s largest climate impact fund on $741m to focus on decarbonization of energy and resource efficiency

EverSource Capital has close India's largest climate impact fund on $741m, making it one of the largest single-country, climate change-focused funds. The post EverSource closes India’s largest climate impact fund on $741m to focus on

TCV raises $460m for expansion-stage Velocity to hunt for the next Netflix, Facebook, Airbnb

Veteran VC house Technology Crossover Ventures has raised $460m for TCV Velocity, which is geared towards expansion-stage investment opportunities. The post TCV raises $460m for expansion-stage Velocity to hunt for the next Netflix, Facebook, Airbnb

AirTree closes largest seed fund in Australia, boosts fund under management to $1.3bn

AirTree Ventures has boosted its fund under management to $1.3bn thanks to the newly-collected $700m across three funds. The post AirTree closes largest seed fund in Australia, boosts fund under management to $1.3bn first appeared

Portfolio Advisors hauls in $3.5bn of capital across two funds, closes largest fund to date

Private equity firm Portfolio Advisor has closed two funds hauling in $3.5bn of investments. Portfolio Advisors Secondary Fund IV is the firm's largest fund to date. The post Portfolio Advisors hauls in $3.5bn of capital across two

Unicorn founders-backed Norrsken holds $110m first close for fund targeting African tech

Norrsken Foundation has held a $110m first close on $200m-targeting Norrsken22 to invest in Africa's new tech giants. The post Unicorn founders-backed Norrsken holds $110m first close for fund targeting African tech first appeared on

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