Wasatch Targets $150 Million

Wasatch Venture Fund is targeting $150 million for its fourth early-stage fund, with a first close expected within the next several weeks. The Salt Lake City-based firm is a DFJ affiliate, and focuses on opportunities in the IT and life sciences sectors. The firm closed its last early-stage fund back in 2001, and since has raised a small, dedicated New Mexico fund. www.wasatchvc.com