Rockets Capital has held the first closingachieved it of its maiden fund with over USD200 million in capital commitments. Led by the strategic anchor investor XPeng Inc, a smart electric vehicle (Smart EV) company in China, the fund raising also attracted a number of institutional investors, such as IDG Capital,

MedTex Ventures has closed its first fund, Biotex Medical Device Fund I, which held its final close on 1 March with USD46.5 million in commitments. The fund will invest in early-stage medical devices, with a focus on Seed and Series A rounds.  Since its initial close in March 2021, the

Elbow Beach Capital, an impact investment company, has launched a venture vehicle with an initial GBP20 million of committed capital, focused on decarbonisation, sustainable energy, and social impact opportunities. Elbow Beach Capital invests in early-stage businesses whose technologies have the potential to solve the planet’s biggest challenges, while simultaneously achieving

Asana Partners has held the final close of Asana Partners Fund III, with aggregate equity commitments of USD1.5 billion. A diverse group of institutional investors from North America, Europe, and Asia Pacific made commitments to the Fund, Asana Partners’ fifth and the third in its flagship series of value-add funds

Frazier Life Sciences has closed Frazier Life Sciences XI (FLS XI), exceeding its target of USD800 million and raising more than USD987 million in capital commitments in an oversubscribed fundraise. FLS XI is Frazier Life Sciences’ fourth venture fund focused on biopharmaceuticals and represents a continuation of the team’s investment

Border to Coast Pensions Partnership (Border to Coast), one of the UK’s largest pension pools, has launched a GBP1.4 billion Listed Alternatives Fund, expanding the investment opportunities available to its Partner Funds. The fund provides exposure to a diversified portfolio of investments in sectors such as renewable energy, digital infrastructure,

Antler has closed its East Africa investment fund to continue to support early-stage tech startups in the region. Following strong interest, Antler’s East Africa fund was oversubscribed beyond thitse USD10 million target, closing at USD13.5 million. Leading investors including Baillie Gifford, institutional investors such as IFC and family offices like

Yieldstreet, a digital alternative investment platform dedicated to providing access to exclusive private market opportunities, has launched its third art equity fund. Art Equity Fund III will feature a diverse collection of contemporary artists including well-known artists such as Banksy and Takashi Murakami, as well as up-and-coming artists like Amoako

Shield Capital (SHIELD) has launched its inaugural venture capital fund to support entrepreneurs building technologies critical to commercial and national security customers. Formed in stealth mode, Shield Capital Fund I (SHIELD), LP exceeded target capitalisation of USD120 million. SHIELD is operational with a focused investment strategy in four high-growth frontier

Serent Capital, a growth-focused private equity firm that invests in founder-led B2B software companies, has closed its fifth and largest fund to date, Serent Capital Fund V, at USD1.1 billion. Serent Capital Fund V was oversubscribed and closed in less than 100 days. With the closing of Fund V, Serent