Maiden Lane to close initial fund – Fortune


According to Fortune, a new fund of fund Maiden Lane is set to close its debut fund at between $20 million and $25 million. The outlet reported that the fund will back syndicates and companies tied to the startup network AngelList. The LPs include Top Tier Capital Partners and Venture Investment Associates. And although Maiden Lane is “not officially part of AngelList,” one of its partners is Kevin Laws, current COO of AngelList.