Are you a Startup? please take a moment to complete this Survey
(it takes 1 min) http://bit.ly/surstartups
After seeing what a good month March was for companies raising funding, let’s see if it was equally favorable for Venture Capital and Private Equity firms (hint: YES!)
Who Raised More…Starting at the low end
Ysios Capital is based in Barcelona and funds early- and mid-stage healthcare and biotech companies in Europe and North America. Ysios BioFund II, which closed at €100M, will be invested in up to 15 portfolio companies.
Venture capital fund Life Science Partners, based in Amsterdam, also invests in life-sciences in Europe and North America. The firm raised a €112M Health Economic Fund, exceeding its €100M target.
Of course these amounts are dwarfed by the top ones of March, but it’s still good to have some venture capital funds raising funds here in Europe!
Imperial Capital Acquisition Fund V, of Imperial Capital Group, closed at $295M. The fund will be invested into mid-market companies in healthcare, branded consumer products, and business services, located in USA and Canada.
Next, at $330M, we have DCM, with its seventh fund. The firm has invested in over 200 technology companies and now manages over $2.5B across several funds. It targets companies located in the US, China and Japan.
What a month!
As hinted before, March was definitely a good month for many VC/private equity firms, with four of them closing massive funds of one billion and above. That will certainly be hard to beat!
|19/03/2014||Technology Crossover Ventures (TCV)||$2.23B|
|27/03/2014||Levine Leichtman Capital Partners||$1.65B|
|07/03/2014||Imperial Capital Group Ltd||$295M|
|14/03/2014||Life Sciences Partners||€112M|
You can access the full data of all periods registering on www.rocketcompanies.com platform.
Who Raised more …Climbing higher
Now it’s time to jump to $700M, along with FTV Capital’s fourth fund. The firm invests typically between $10 – $75M in business services, financial services, payments & transaction processing and technology sectors.
Just shy of a billion, there is the Philadelphia-based private equity firm LLR Partners, which closed its fourth fund at $950M. The firm has been in operation since 1999 and has over $1.4B under management.
At exactly $1B, we find the fifth fund of Founders Fund. The venture capital firm’s investments include Facebook, Spotify, Lyft, PandoDaily, Stripe, Palantir Technologies, Oculus VR, Airbnb, TaskRabbit and Yammer.
Venture Capital Funds The top three (Raised more)
The top three firms, all announced funds of at least $1.5B, and like most previous ones, are all based in the Silicon Valley area.
Private equity firm Andreessen Horowitz, closed its Fund IV at $1.5B. It is not the firm’s first big fund, however, as back in 2012 they also raised $1.5B for their Fund III. They have previously invested in hundreds of companies, including Pinterest, Optimizely, Lyft, Oculus VR, Jawbone, Foursquare, GitHub and Airbnb (many of the same ones as Founders Fund).
Next, venture capital firm Levine Leichtman Capital Partners, closed its fifth fund at a cool $1.65B. In its 30+ years in the business, the firm has funded dozens of companies in a variety of industries, such as restaurant franchising, finance and home furniture.
And if that was not yet enough, there’s still Technology Crossover Ventures (TCV), which raised an eighth fund of a whopping $2.23B! The firm invests in late-stage companies and has previously invested in Swagbucks, Spotify, Groupon, HomeAway, eHarmony and many others.