Industry Ventures raises larger $335 mln hybrid fund of funds

Industry Ventures, venture capital, limited partners
CEO Hans Swildens of Industry Ventures. Photo courtesy of the firm.
  • Why is this important? Strategy holds, but $335 mln fund is 60 pct bigger than previous
  • AUM: $3.4 bln
  • One-third of AUM in hybrid funds of funds, direct co-investments
Industry Ventures said it raised a $335 million fifth hybrid fund of funds, representing a significant step up in size from its prior fund. The new fund will follow the firm’s existing investment strategy of mixing primary and secondary investments. ...

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