MadDog Ventures Fund I raises $26.7 mln

By Luisa Beltran — 13 hours ago

MadDog Ventures said April 23 that its first venture capital fund raised $26.7 million, exceeding its $25 million target. MadDog, of Birmingham, Michigan, invests in companies that are developing and marketing cloud-based business applications.

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Monogram Capital Fund I raises $152 mln

By Luisa Beltran — 2 days ago

Monogram Capital Partners said April 23 that its debut fund closed on its $152 million hard cap.  Monogram Capital Partners I LP received commitments from endowments, foundations, family offices, and fund of funds. Monogram, of Los Angeles, invests in emerging consumer and retail brands through both minority growth and control  transactions. Acalyx Advisors Inc served as placement agent, while Latham & Watkins LLP was legal adviser.

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Drillcore Energy targets $250 mln for inaugural oil and gas fund

By Chris Witkowsky — 6 days ago

Drillcore Energy Partners is seeking $250 million for its inaugural private equity fund that will invest in upstream oil and gas in the U.S. Drillcore, led by Founder and Managing Partner Evan Turner, wants to close fundraising on Fund I in the summer. Turner formerly worked as a director and head of energy at StormHarbour Partners and was a founding member of CohnReznick Capital’s oil and gas group.

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Parade Ventures aims to march toward $25 mln target

By Alastair Goldfisher — 1 week ago

Los Gatos, California-based Parade Ventures has filed to raise $25 million for its inaugural fund, according to a regulatory filing. The firm is led by Shawn Merani, an angel investor and a co-founder and partner at Flight Ventures. Merani was an investor in Dollar Shave Club and Cruise Automation, according to his AngelList profile. Parade’s website at www.parade.vc features only a landing page.

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