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July 11, 2011 04:03 pm GMT
VC firm Industry Ventures has closed its Fund VI, a $400 million secondary fund focused on providing liquidity alternatives for venture capital and growth equity investments. Additionally, the firm recently closed a $155 million 'Special Opportunities Fund', bringing total capital under management to more than $1 billion. The new fund, which Industry Ventures says was oversubscribed, will serve to address liquidity needs for employees, investors and founders across the lifecycle of a venture capital investment.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/fd2H36T0obw/
Industry Ventures Closes $400 Million Secondary Fund, Exceeds $1B Of Capital
VC firm Industry Ventures has closed its Fund VI, a $400 million secondary fund focused on providing liquidity alternatives for venture capital and growth equity investments. Additionally, the firm recently closed a $155 million 'Special Opportunities Fund', bringing total capital under management to more than $1 billion. The new fund, which Industry Ventures says was oversubscribed, will serve to address liquidity needs for employees, investors and founders across the lifecycle of a venture capital investment.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/fd2H36T0obw/
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