Alternative Investment Fund Launches and Updates – September 3, 2019

Investment fund launches for September 3, 2019.

  • First up, venture capital firm Golden Gate Ventures has filed to launch a $200 million fund in partnership with South Korea’s Hanwha Asset Management. The Singapore-based VC fund also said it will focus on Series B startups in the Southeast Asian region.
  • Next, Hosen Capital is seeking $750 million for its fourth China fund. The food-and-agricultural specialist has ramped up funding as it taps into the booming food and agribusiness sector in the Asia-Pacific region. It’s worth noting that the firm closed a previous vehicle in March 2017 at $440 million. That figure exceeded the amount of money it wanted to raise by 10%. However, this new fund appears to be smaller than the previous fund’s goals. Bloomberg also reported in April that the firm sought $1 billion to invest in companies based in Japan, South Korea, and Taiwan.
  • According to PitchBook, Counterpart Ventures wants to raise $100 million for its Fund II. According to an SEC filing, the San Francisco-based firm has been around since 2018. It has focused its attention on tech firms that specialize in areas like mobile software, marketplace firms, and automation/workflow software.
  • Next up is L Catterton. The firm is seeking $4 billion to launch its ninth fund, according to an SEC filing. The filing came in right before the Friday Form D deadline. Fund IX would become the private equity giant’s largest flagship fund. The fund’s last flagship closed in 2016 At $2.75 billion. Fund VII raised $1.68 billion in 2013. The company has been busy in 2019. It announced plans to buy Del Frisco’s Restaurant Group in June for $650 million. It also sold Punch Bowl Social in July to Cracker Barrel Old Country Store.
  • And finally, BlackRock plans to launch a $300 million real estate fund. This one is the asset-managers fifth Asia-focused fund. DealStreetAsia says that the fund could potentially rival the size of its Fund IV, which closed at $500 million in November 2017. Meanwhile, the news comes a few days after Greg Lapham announced his resignation as the head of the company’s APAC group.

For more updates on fund launches and investment positions, bookmark

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.

Alt Insights

January 29, 2020

Venture Capital: The Kobe in “Bryant Stibel & Co”

Venture Capital: The Kobe in “Bryant Stibel & Co”

Latest Alternative Investment News

Hedge Funds: Four Portfolio Managers Leave Citadel
April 6, 2020     Hedge Funds, News

Volatility has shaken the markets. The Dow had its worst quarter in history. The U.S. economy could see GDP fall by 30% this quarter. And four portfolio managers at Citadel…
Private Equity: Silver Lake Partners Pushes Massive $16 Billion Fund
April 6, 2020     Latest News, News, Private Equity

Silver Lake Partners is going big with its latest fund. The technology-focused private equity fund wants to raise a new fund worth $16 billion. Raising funds as market prices have…
Liquid Alternatives: How the Pandemic Could Affect ESG Investing (and ETFs)

The coronavirus pandemic throws up ESG in a new light. Far from spelling doom for ESG investing, the pandemic may have given it fresh, positive potential. An article by Marlene…
Venture Capital: Call for UK Government to Support Startups During the Coronavirus Crisis
April 6, 2020     News, Venture Capital

The Save Our Startups (SOS) campaign launched in the UK on Sunday. It aims to mobilize financial support for the 30,000 startups and high-growth businesses in the country, many of…

Scroll to Top