KEYWORDS: Accenture, Broadcom, Omega Funds, The Goodyear Tire & Rubber Company, The Vistria Group, Tusk Ventures, Rev1 Ventures, EV Growth, ATU Partners, Omega Funds, Results, Key, Keys
RHC’s MIT tribe (mafia, group, syndication, etc.) is raising a fund of funds
Look forward to seeing where Goodyear new VC fund RUBBER hit the road as RESULTS are KEY (a kinda funny play on our keywords)
The Goodyear Tire & Rubber Company (NASDAQ: GT), one of the world’s largest tire companies, launched a new $100 million venture capital fund.
The Vistria Group, a Chicago, IL-based private investment firm focused on the middle market, closed Vistria Fund III, L.P., at $1.11 billion
Tusk Ventures, a NYC- and Chicago, IL-based venture capital firm, closed its second fund, at $70m
Rev1 Ventures, a Columbus, OH-based venture capital firm, launched a $15m life sciences fund
EV Growth, a Singapore-based venture capital firm, closed its first fund, at US$250M
ATU Partners, a Seoul, South Korea-based private equity firm, has launched its first USD 17M esports growth fund
Omega Funds, a Boston, MA-based investment firm focused on backing companies delivering impactful medicines to patients, closed Omega Fund VI, L.P., with $438 million in capital commitments
NOTE: Contact “V” for more information about 2020 Funds and Fund of Funds at email@example.com and cc: firstname.lastname@example.org for referrals to a paid consultant that know funds and fund of funds
COOL NEWS & DEALS
RHC Brotherhood has foud a hedge fund that announced 50% plus returns for 2019 and 150% plus returns for 18 months.
Accenture (NYSE: ACN) is to acquire Symantec’s Cyber Security Services business from Broadcom, Inc #broadcom
Genea, an Irvine, CA-based SaaS (software as a service) company, acquired Sequr, Inc., a cloud-based physical access control company
Docket, an Indianapolis-based software-as-a-service (SaaS) platform for managing intelligent meetings, raised $1.5M in seed funding
Practis, a Charlotte, NC-based digital marketing and SaaS software solutions company catering to independent healthcare providers, received a private equity investment of an undisclosed amount
GrowthPlug, a Portland, Ore.-based healthcare practice growth and optimization software-as-a-service (SaaS) company, secured $1m in funding
HyperPay, a Riyadh, Saudi Arabia-based payment processing company, closed an 8-digit funding round
This is a beta and we look forward to feedback. More importantly, how do we “Say Provocative statements that intelligent people argue about fast without dotting your I’s and crossing your T’s. As life is all about fun and results!”
YOUR HELP NETWORKING
We are always looking for help networking with MIT, Berkely, Standford, Havard, GWU, and other alumni that would make good friends or becoming part of our tribe, gang, group, network, etc. – M & M & M
Meet me in Toronto to learn the millionaire or billionaire two-step (thinking moving to Dallas or Florida or Canada for citizenship as it is a much better dancing here).
I will be in Toronto trying to be a white knight and talk to accredited investors, a billionaire family office, and others about Fund of Funds, Venture Capital Funds, and how to play with other billionaires!
Brain Dump for my draft for a Forbes article.
Meeting my good friend from a billionaire family Sunday and Monday to talk about the Billionaire two-step. I hope to watch “Wall Street” with Micheal Douglas with him to understand how to dance with other billionaire families. Let us face it, you have to be a baller to be a billionaire. If you can not stand the dance, sit the game out when other billionaires want to dance on your head. What can you do if you do not know about take-overs, leveraged buyouts, etc.
LITTLE 101 WATCHING COOL MOVIES
Here are my picks to get your 101 training for your family office battles and/or billionaire battle. Watch some movies such as:
Barbarians at the Gate
Others TBA (input welcome)
Find a friend that can help save the day that knows high finance and can help you with a public or private company. More to come…..
THE ENEMY OF MY ENEMY IS MY FRIEND
Let us face it, the saying “the enemy of my enemy is my friend” could be your solutions. However, you might find that new friend your enemy very shortly. More to come…
I will be attending and speaking at the #1 Largest Family Office Conference this year in December in warm (keywords) Florida! Ask me how you can attend or be my guest via email@example.com anytime!
I want to meet with people investing in Fund of Funds (we have a new fund), Venture Capital Funds (we are investing in a few), Growth Capital Deals (we are co-investing in a few), and $3 million USD EBITDA deals (LBO/MBO).
Ask me about some amazing friends that are doing angel, seed round, elbow capital, growth capital, consolidation capital, and more!!!! Our friends and family did 10 plus deals this year!
We are closing down all of our other media projects and re-branding as “The Capitalization Report” starting in 1q2020. We will be hosting family office and accredited investor events in Miami and Beverly Hills in December as well as attending a few Forbes Christmas parties. The Capitalization Report focus on funds being funded, and TBA Report about funding of companies that will replace “The Capital Report.”
THE CAPITALIZATION REPORT 11.23.2019 (v19.11.22)
NovaQuest Capital Management, L.L.C, a Raleigh, NC-based healthcare and life sciences focused private investment firm, closed NovaQuest Private Equity Fund I, L.P., at $275m
Clocktower Technology Ventures, the Santa Monica, Calif.-based venture capital arm of Clocktower Group, closed its second financial services innovation fund, with approximately $70m in capital commitments
.406 Ventures, a Boston, MA-based venture capital firm investing in early-stage innovative enterprise technology and digital health companies, closed its fourth fund, at $294m
Venture capital firm Northzone raised $500m for its newest fund, Northzone IX
MMC Ventures, a London, UK-based research-led venture capital firm, launched a new £100m scale up fund
Balderton, a London, UK-based venture capital firm, closed a $400M early stage fund
Unusual Ventures, a Menlo Park, California-based venture capital firm that invests in both enterprise and consumer startups, closed its second fund, at $400m
Northgate Capital, a San Francisco, CA-based venture capital investment management firm, closed Northgate Venture Partners VIII, at $120m
CVC Capital Partners, a private equity and investment advisory firm, closed CVC Growth Partners Fund II, at $1.6 billion
Global CRM company Salesforce (NYSE: CRM), announced that Salesforce Ventures, its global corporate investment group, has launched a new $50m Consultant Trailblazer Fund
Norwest Venture Partners, a global venture and growth equity investment firm, closed Norwest Venture Partners XV, LP, its largest fund to date, at $2 billion
PALO ALTO, Calif. – November 14, 2019 – Norwest Venture Partners, a leading venture and growth equity investment firm, today announced it has closed its largest fund to date, Norwest Venture Partners XV, LP. The new $2 billion fund targets disruptive and market-leading companies from seed to late-stage across consumer, enterprise and healthcare sectors. The launch of Norwest Venture Partners XV, which brings the firm’s total capital commitments to more than $9.5 billion, closes on the heels of a record two years, as 23 of the firm’s portfolio companies achieved notable liquidity events.
Norwest Venture Partners XV follows Norwest Venture Partners XIV, a $1.5 billion fund, which closed in February 2018. Since then, Norwest has made nearly 50 new investments across a range of stages and industries, as well as hired and promoted several investment partners.
Startup investors generally use a high-risk model where they spread their capital among numerous startups, knowing that it only takes one or two to be successful enough to pay back the initial capital investment. Companies that produce such returns are called dragons. Unicorns are more based on valuation. A dragon is one deal that pays the return for a fund after investing in many deals.