Venture Fundraising

by Kamarl Simpson

  • 07 Mar 2011
  • PE

Preqin’s Funds in Market product shows there are 456 private equity funds on the road investing across the venture spectrum excluding venture debt funds. Collectively, the funds are targeting USD 88.3 billion. 44% (200) have already held at least one interim close raising just over USD 15 billion.

40% of the fund managers in market with a venture capital fund are based in North America, 25% in Europe and the remaining 35% across Asia and Rest of World.

44% of venture funds are primarily targeting investment opportunities across Asia and Rest of World, accounting for USD 44.3 billion of the USD 88.3 billion aggregate capital being raised by all venture funds worldwide. 35% mainly focus their investments in the US, seeking an aggregate USD 31 billion in capital commitments. The remaining 21% are focused on investing in Europe aiming to raise USD 13 billion.

Huarong Yufu Fund is one of the largest venture capital funds currently in market, seeking USD 1.5 billion. Managed by China Huarong Asset Management Corp, the fund invests across all venture stages and will primarily target the automobile, manufacturing and architectural construction sectors in Chongqing, with a focus on companies whose business spans China.

VantagePoint CleanTech Partners III is the largest late stage fund currently raising. The fund managed by VantagePoint Venture Partners is targeting $1.25bn in capital commitments. The fund focuses on investments in clean technology and renewable energy with the aim of helping start-ups bridge the manufacturing gap.

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