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South African investment fund has surpassed its initial venture capital raising target

The SA SME Fund announced on Monday that not only has it successfully achieved First Close for its Venture Capital Fund of Funds (VCFoF), but also that it has significantly exceeded its target figure. The SA SME Fund is a collaborative effort between the South African business sector and government and was set up by members of the CEO Initiative. It is intended to help stimulate the country’s economic growth. The VCFoF is intended to be a R1-billion fund. Its First Close was aimed at raisi...
South Africa South African Ketso Gordhan Adrian Gore Debt Fund Venture Capital Fund Of Funds Vcfo

Round13 Capital Announces $200 Million First Close for Round13 Fund III

Round13 Capital ("Round13"), a leading Canadian venture and growth-stage investment firm, today announced a successful first close of $200 million for its Round13 Fund III ("Fund III" or "the Fund"). The Fund will invest in a range of venture and...
Sandy Blackwood John Eckert Bruce Croxon Brahm Klar Sanjiv Samant Wilson Lee As Managing Partners For Fund

SEBI Releases New Guidelines for Fund Managers

Securities and Exchange Board of India has introduced certain amendments to SEBI, 2012 and circulars in relation thereto focused at inter alia prescribing timelines for first closing, distribution waterfall mechanism and foreign investments in Alternative Investment Funds.
United States Cayman Islands Companies Law Of The Cayman Financial Action Task Capital Company Investment Policy Advisory Committee

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