SJF Ventures Raises $90M for Third Fund, Tripling Size of Prior Fund

SJF Ventures has held a final close on its $90 million for its third fund, raising more than three times the amount of its second fund, which totaled $28 million, the firm announced Thursday. Investors in the new fund include CitiDeutsche Bank, MetLife, Prudential Financial, Cambridge Associates, Mercer Consulting, and Trillium Asset Management, SJF said in a press release.

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Distributions From Venture Funds Spike

Venture capital returns creep ahead in fits and starts. Distributions to LPs, however, have gone through the roof. In the third quarter of 2012, they hit their highest level since 2001, and they look poised to go higher in the fourth quarter and beyond.

Venture Performance Remains Far Cry From 1996 Heyday

How are U.S. venture capital funds performing? Depends on which time frame one looks at, and whether one focuses on portfolio value or cash returns. But overall, new data from Cambridge Associates shows VC performance improving over a 10-year time frame but third- quarter write-downs weighed on results.

Australian PE/VC Index Rises For 1 Year, Quarterly Time Periods

The Cambridge Associates “Australia Private Equity and Venture Capital Index” rose by 7.80%, net of fees, in the twelve months ending March 31, 2012, according to a quarterly report released by The Australian Private Equity and Venture Capital Association Ltd. For the March ending quarter, the index increased 1.43%, the fifth consecutive quarter of positive […]

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