Last December, August Capital decided to stop fundraising for its eighth fund and informed limited partners it was was returning Fund VIII commitments. General Partner David Hornik told Venture Capital Journal the firm is focusing on producing more exits and plans to raise a new fund next year. “This is a year of liquidity,” he […]
Two former Walt Disney Co executives who participated in the largest U.S. venture deal last year are raising their first venture fund. Evan Richter and Erick Garland have closed on at least $30.5 million of a targeted $100 million for Smash Ventures of West Hollywood, California, according to a regulatory filing. The firm raised the […]
Griffin Gaming Partners, a new venture firm co-founded by former Lionsgate executive Peter Levin, is officially raising its first fund, according to a regulatory filing. Venture Capital Journal was the first to report on the launch of the San Francisco-based firm with a story on Aug. 30. At that time, Griffin had not filed a […]
David Hornik wants to set the record straight about August Capital, where he has been a general partner since 2000. The firm is doing just fine, buoyed by a recent sizable exit, and is on track to begin raising its eighth fund next year, he said. There has been a lot of confusion, and some […]
Would-be entrepreneurs coming out of prestigious universities in the Northeast have a new booster with deep pockets: Safar Partners. The Boston firm’s founders are Arunas A. Chesonis, CEO of Sweetwater Energy and founding partner of family office Cranberry Capital, and Nader Motamedy, former CEO of fund-of-funds Caspian Private Equity. Their debut fund has a target […]
Wellcome Trust outperforms many of other venture LPs. Head of Venture Capital Geoffrey Loves explains how.
An entertainment industry executive and a veteran Silicon Valley VC have teamed up to launch a venture firm focused exclusively on gaming: Griffin Gaming Partners. Griffin’s managing directors are Peter Levin, formerly president of Interactive Ventures and Games at Lionsgate, and Phil Sanderson, previously a managing director at Ridge Ventures. The Griffin team also includes […]
Ankona Capital Partners, which launched two years ago, is officially raising its first venture fund. The Newport Beach, California-based firm filed a Form D for Ankona Capital Partners GP I LLC on Aug. 12. The filing does not include a target amount and shows no capital raised to date. Brokerage firm Synergy Capital I LLC […]
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As 2018 draws to a close, we thought it would be fun to look back at the biggest stories of the year. Specifically, we wanted to know if readers found any particular topics more compelling than others. When we dove into the analytics for Buyouts, our affiliate publication, we found that scoops about deals accounted […]
As 2018 draws to a close, we thought it would be fun to look back at the biggest stories of the year. Specifically, we wanted to know what readers found most interesting. Our research determined that scoops about deals were your favorite topic, accounting for five of the top 10 stories on Buyouts this year. […]
We had a great turnout for Emerging Manager Connect East conference last Thursday at the Grand Hyatt in New York City. We’ve loaded 35 photos from the event to a photo album in our PE Hub Network page on Facebook. Check them out here. And don’t forget to “like” our page while you’re there!
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Will Barack Obama become a venture capitalist when he leaves office? Speculation is running high after a recent interview Obama did with Bloomberg. When asked what industries he might go into, the President replied: “Well, you know, it’s hard to say. But what I will say is that — just to bring things full circle about innovation — […]
The venture capital industry lost one of its fathers. Tom Perkins, who co-founded Kleiner Perkins Caufield & Byers in 1972, died Tuesday, June 9, according to published reports. He was 84.
CareerFoundry, which offers online classes for technology workers looking to advance their careers, announced it has closed on $5 million in Series A funding. Investors in the Berlin-based company include Tengelmann Ventures, Bauer Venture Partners and IBB Beteiligungsgesellschaft.
Takipi, which makes software that helps developers debug code, announced it closed a $15 million Series B round led by Lightspeed Venture Partners with participation from Series A investor Menlo Ventures. The San Francisco-based company has raised a total of $22 million in venture funding to date.