Jules Maltz has completed his rapid ascent at Institutional Venture Partners (IVP), having been named a general partner today after joining the firm as a VP three years ago. Maltz is the firm’s sixth GP, joining Todd Chaffee, Norm Fogelsong, Steve Harrick, Sandy Miller and Dennis Phelps. Maltz joined IVP in 2008 as a vice [...]
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Despite a few large fund closings, venture capital fund-raising is on track for a drop in the third quarter. With just over three weeks left in the quarter, just seven U.S. venture firms have held final closes on funds collectively valued at just under $1.88 billion, according to a preliminary look at the Thomson Reuters [...]