ARCH Venture Partners is raising an eighth venture fund with a smaller target of $250 million, according to a filing with the Securities and Exchange Commission. The filing for ARCH Venture Fund VIII lists six managing directors: Keith Crandell, Robert Nelsen, Clinton Bybee, Mark McDonnell, Kristina Burow and Paul Thurk. Managing Director Steven Gillis is not listed.
The fund has not had a first close.
ARCH last raised its $400 million seed fund, ARCH Venture Fund VII, in 2007, according to Thomson Reuters (peHUB publisher).
The filing can be found here.DON'T MISS IT! Now in its 10th year, PartnerConnect Midwest is bringing you 300 attendees, over 400 private ExecConnect meetings between LPs and GPs, and three insightful tracks including Buyouts Funds, Buyouts Deals and Co-Investments. REGISTER TODAY!