Edison Closing in on Fund VI

Edison Venture Fund is planning to close its sixth fund by the end of March with $240 million, according to VentureWire. It already has secured $232 million in capital commitments from LPs like BlackRock, Colorado Public Employees' Retirement Association, Lincoln Financial Group, Metropolitan Life Insurance Co., New York State & Local Retirement System and the New Jersey Investment Council. www.edisonventure.com