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DFDF to tread cautiously as VC in 2024 but bullish on LP bets

Finance

01 April, 2024

DFDF to tread cautiously as VC in 2024 but bullish on LP bets

Dubai Future District Fund (DFDF), a backer of 24 startups and venture capital funds, outlined its “cautious venture capital approach” ......

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How Ideal Cures founder's family office is shaping up and why it is halting alt bets

Finance

22 March, 2024

How Ideal Cures founder's family office is shaping up and why it is halting alt bets

Sukvi Ventures, the family office of Ideal Cures’ founder Suresh Pareek, has ramped up its in-house team and is adjusting ......

Blume, Chiratae LP Alphatron Capital raises $30 mn for debut fund

Finance

21 March, 2024

Blume, Chiratae LP Alphatron Capital raises $30 mn for debut fund

American investment firm Alphatron Capital, which primarily makes limited partner-style bets on venture capital firms in India, has closed its ......

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Investec-backed Ninety One gets key LP for $500-mn Africa private credit fund

Finance

19 March, 2024

Investec-backed Ninety One gets key LP for $500-mn Africa private credit fund

Global asset manager Ninety One Plc, which was formed after demerger of Investec Asset Management from Investec in 2020, is ......

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LPs commit record sum to Indian PE-VC funds last quarter

Finance

19 March, 2024

LPs commit record sum to Indian PE-VC funds last quarter

Limited partners (LPs), who took a breather in the middle of last year but opened their purse strings with gusto ......

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Jordan's ISSF pumps additional capital in an existing portfolio bet

Finance

18 March, 2024

Jordan's ISSF pumps additional capital in an existing portfolio bet

Jordan’s Innovative Startups and Small and Medium Enterprises Fund (ISSF) has made a limited partner-style follow-on investment in an existing ......

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BluSmart backer responsAbility gets another LP for $500-mn Asia climate fund

Infrastructure

18 March, 2024

BluSmart backer responsAbility gets another LP for $500-mn Asia climate fund

Switzerland-based impact investor responsAbility Investments AG is set to bring on board another limited partner for its Asia-focused climate fund that seeks ......

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Saudi Venture Capital strikes its first LP bet of 2024

Finance

14 March, 2024

Saudi Venture Capital strikes its first LP bet of 2024

Riyadh’s state-owned Saudi Venture Capital (SVC) has struck its first limited partner-style bet for this year in an Abu Dhabi-based ......

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Saudi Arabia's Jada backs US fund in maiden venture debt LP bet

Finance

12 March, 2024

Saudi Arabia's Jada backs US fund in maiden venture debt LP bet

Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund of Funds struck its first venture debt investment, its second one in ......

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Avaana nears target for $120 mn climate-tech fund with offshore LP on board

Finance

12 March, 2024

Avaana nears target for $120 mn climate-tech fund with offshore LP on board

Climate-focused venture capital firm Avaana Capital has brought on board a marquee offshore backer as it nears the final close of ......