• Mary Meeker is said to be raising up to $1.25 billion for her new growth fund

    5 days ago - By Tech Crunch

    Mary Meeker, who revealed in September plans to leave Kleiner Perkins after an eight-year run with the venture firm, is reportedly looking to raise up to $1.25 billion for her debut fund. So says Business Insider , citing multiple sources.
    We've reached out to Meeker for more information.
    As Meeker told Recode a couple of months ago, she is forming her own late-stage investing firm with three of her KP colleagues, including Mood Rowghani, who joined the firm as a general partner in 2014; Noah Knauf, who joined the firm as a general partner in 2016; and Juliet de Baubigny, a senior partner...
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  • Anthony Scaramucci is looking to raise as much as $3 billion for a new fund that invests in low-income neighborhoods

    Anthony Scaramucci is looking to raise as much as $3 billion for a new fund that invests in low-income neighborhoods

    5 days ago - By Business Insider

    SkyBridge Capital is the latest firm to collect capital to invest in opportunity zones, economically depressed areas that benefit from new tax breaks.
    SkyBridge co-founder Anthony Scaramucci said in an interview with Business Insider that he's seeking to raise $2 billion to $3 billion through a non-traded real estate investment trust.
    Anthony Scaramucci's alternative investment firm, SkyBridge Capital, is creating a new product focused on economically depressed areas, he told Business Insider in an interview on Friday.
    By the end of the year, the firm plans to launch SkyBridge Opportunity...
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  • Atlanta venture capital firm picks new senior VP

    Atlanta venture capital firm picks new senior VP

    5 days ago - By Biz Journals

    BIP Capital, a venture capital firm based in Atlanta, has selected Dan Drechsel as the firm's new senior vice president.
    Drechsel, who most recently served as CEO at BIP Capital's portfolio company Wellview Health, will oversee the firm's investments in SaaS, fintech and devtools. He will continue to work with Wellview Health as the executive chairman of the company's board of directors, according to a news release.
    “Dan has led high-growth venture companies over the course of his...
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