Cendana Capital has set out to raise a second direct investment fund, according to a filing with the SEC.
The new fund – Cendana Investments II – is seeking $31.5 million of capital to invest in the portfolio companies of its mangers, the filing states. Cendana, a seed-focused fund of funds, raised a first direct investment fund in 2015 with a target of $25 million, a filing shows.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!