BETA The Capitalization Report v201015 Funds


HISTORY: Jan 1, 1971 was day Warburg Pincus announced Warburg Pincus EMW Ventures, Inc. and raised $41 million USD. Today it raises billion USD funds such as $4.3 Billion USD announced Jun 6, 2019 it’s Warburg Pincus China-Southeast Asia II.

NEW FUNDS

Brighteye Ventures, a Luxembourg-based edtech venture capital firm with offices in London and Paris, announced its $54m first close of its second fund

China Creation Ventures, a Beijing, China-based venture capital firm, closed its second USD fund, at over $300m

OpenView Venture Partners, a Boston, MA-based venture capital firm focused on business software, closed its sixth fund, at $450m

Lead Edge Capital, a technology focused growth stage investment firm, closed Lead Edge Capital V, LP, at $950m

Plus Venture Capital (+VC), an Abu Dhabi, UAE-based venture capital firm, has launched its operations and its debut fund

Long Ridge Equity Partners, a NYC-based sector-focused private equity firm, closed Long Ridge Equity Partners III, at $445m

Globale middle-market private equity firm Levine Leichtman Capital Partners closed its second fund, at €463m

Pontifax AgTech Management, a Santa Monica, CA-based global growth capital investor in the global food and agriculture sector, closed its second fund, Pontifax Global Food and Agriculture Technology Fund II, with commitments totaling $302m

Future Energy Ventures, a Berlin, Germany-based venture capital platform that invests in the digital technologies and digital business models redefining the energy landscape, launched with €250m invested capital in its portfolio

Plexus Capital, a Raleigh, N.C.-based private investment firm focused on bringing institutional scale to the financing of small businesses in the United States, closed Plexus Fund V, at $502m

KEYWORDS: Plexus Capital, Future Energy Ventures, Pontifax AgTech Management, Levine Leichtman Capital Partners, Long Ridge Equity Partners, Plus Venture Capital, VC+, Brighteye Ventures, China Creation Ventures,

BETA: The Capitalization Report (New Funds) v20.10.03.0700


KEYWORDS: Peterson Ventures, White Star Capital, Plexus Capital, Future Energy Ventures, Catalio Capital Management,

UPDATE: The Capitalization Report due to COVID will be launching early 2021. This is a beta report based on testing several formats.

NEW FUNDS

Peterson Ventures, a Salt Lake City, UT-based founder-first seed stage venture firm, raised $65M in capital for its Fund III

White Star Capital, a global multi-stage technology venture capital investment platform, held the first close of its new $30M Digital Asset Fund

Plexus Capital, a Raleigh, N.C.-based private investment firm focused on bringing institutional scale to the financing of small businesses in the United States, closed Plexus Fund V, at $502m

Future Energy Ventures, a Berlin, Germany-based venture capital platform that invests in the digital technologies and digital business models redefining the energy landscape, launched with €250m invested capital in its portfolio

Catalio Capital Management, LP, a NYC-based life sciences investment firm, closed its second venture fund, Catalio Nexus II, at $100m

Greycroft, a NYC-based venture capital firm that invests in technology companies, closed two funds, totalling $678m

MadaLuxe Group, a Seal Beach, CA and NYC-based distributor of luxury fashion, launched an investment arm led by the group’s co-founder, Sandy Sholl

Sunrise Capital, a Japan-dedicated mid-cap private equity fund, closed Sunrise Capital IV, at US$450m of commitments

Pureos Bioventures, a St. Peter Port, Guernsey and Zurich, Switzerland-based newly formed venture capital firm, advised by Bellevue Asset Management, closed its first fund BB Pureos Bioventures LP, with committed capital of USD 170m

Truist Financial Corporation (NYSE: TFC), a Charlotte, N.C.-based purpose-driven financial services company, launched its corporate venture capital division

Deals that closed and Investor Network Nights deal


INVESTOR NETWORK UPDATE:

Investor Network Nights to pre-view several deals that are semi-finalist.  Webinar Jan. 9th and register at GoToWebinar URL:

https://attendee.gotowebinar.com/register/3441837879236909568

Today we profile Keller Williams Commercial deals.  Mark Huhes, Managing Director, for KW Commercial will provide a commercial deal at 20% loan to value.  Mr. Hughes has over 30 years of experience covering all aspects of commercial real estate brokerage, development, marketing, finance, and management. He has made extensive development and civic contributions to San Diego County.

DEALS THAT CLOSED:

Blue Equity has acquired a controlling stake in The Antilles Group Ltd., the licensed user of Shell brands in the country of Jamaica, from the Rubis Group (Paris: RUI). No financial terms were disclosed.www.blueequity.com

Corridor Capital has acquired three California-based specialty manufacturing companies from Churchill ESOP Capital PartnersWetmore Tool & Engineering Inc. (China), US Industrial Tool & Supply(Gardena) and Arvan Inc. (Gardena). No financial terms were disclosed. www.corridorcapital.com

Dyal Capital Partners, a private equity fund managed by Neuberger Berman Group, has acquired a minority stake in Scopia Fund Management, a hedge fund manager with approximately $3.4 billion of assets in long/short equity strategies. No financial terms were disclosed. http://www.nb.com

H.I.G. Capital has completed a recapitalization of Big Tex Trailer Manufacturing, a Mt. Pleasant, Texas–based maker of open utility, equipment, horse, livestock and cargo trailers and truck beds. No financial terms were disclosed. www.bigtextrailers.com

Irving Place Capital has acquired a minority equity stake in Rag & Bone, a New York-based maker of high-end men’s and women’s apparel. No financial terms were disclosed. Peter J. Solomon & Co. served as placement agent. www.rag-bone.com

Koch Eye Associates, a portfolio company of Candescent Partners, has acquired Eye Health Vision Centers, a provider of vision health services in Southeastern Massachusetts. No financial terms were disclosed. Candescent led the round, and was joined by co-investors Eagle Private Capital, First New England Capital, Bay Capital, Pine Street Capital Partners and Plexus Capital. www.kocheye.com

NEX Performance Films, a portfolio company of Mason Wells, has acquired Charter Films Inc., a manufacturer of plastic films. No pricing terms were disclosed. US Bank led senior debt financing and Northwestern Mutual Life Insurance Co. provided mezzanine financing. www.nex-films.com

Potpourri Group Inc., a portfolio company of American Capital, has acquired Cuddletown Inc., a Portland, Maine-based multi-channel retailer of high-end bedding products. No financial terms were disclosed. www.cuddledown.com

PRV Aerospace, an Everett, Wash.-based portfolio company of Court Square Capital Partners, has acquired Astro Star Inc., a City of Industry, Calif.-based maker of components and assemblies for the commercial and military aerospace industries. No financial terms were disclosed, except that debt financing was provided by GE Antares Capital and Ares Capital. www.prvaerospace.com

RLJ Equity Partners has acquired R. Thompson Trucking Inc., a provider of trucking and other transportation services in Virginia and North Carolina, from Linx Capital Partners. No financial terms were disclosed. www.thompsontruckinginc.com

Rock Hill Capital Group has acquired Core International LLC, a Houston, Texas-based maker of rubber components like oilfield elastomer products. No financial terms were disclosed. www.oilpp.com

Segulah has agreed to acquire Beerenberg Holding AS, a provider of maintenance services for the onshore and offshore oil and gas industries with a focus on the Norwegian Continental Shelf, from Herkules Capital. No financial terms were disclosed, except that Beerenberg’s 2012 revenue was approximately $267 million. www.segulah.se

Welsh, Carson, Anderson & Stowe has acquired GetWellNetwork, a Bethesda, Md.-based provider of interactive patient care solutions. No financial terms were disclosed. GetWellNetwork had raised over $17 million in VC funding from firms like Valhalla Partners, GrosvenorFunds, Johnson & Johnson Development Corp., Point Judith Capital and Village Ventures. www.getwellnetwork.com

Investor Network by JD

 

Happy Investing and Networking,

JD Morris

 

JD Morris

Visit me on LinkedIn: www.linkedin.com/in/jdmorris