Horsley Bridge to raise $1.3 bln venture fund of funds

Horsley Bridge Partners has set out to raise a $1.3 billion venture capital fund of funds, according to a filing with the SEC.

The fund – Horsley Bridge XII Venture – will be the firm’s twelfth. The filing did not report a first close.

The firm’s eleventh fund came to $1.1 billion and was raised in 2015.

The filing can be found here.