Defy Partners to raise $125 mln maiden venture fund


Defy Partners has set out to raise a $125 million maiden venture fund, according to a filing with the SEC.

The firm is run by Trae Vassallo, formerly of Kleiner Perkins Caufield & Byers, and Neil Sequeira, a managing director at General Catalyst Partners. No first close was reported.

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!