Horsley Bridge closes $1.5B fund of funds

Horsley Bridge Partners, a San Francisco firm that invests in venture capital and small buyout firms, has closed a new fund of funds at $1.54 billion targeted specifically for Europe and Asia, reports VentureWire. Existing limited partners provided 95 percent of the financing, but the only one that has been disclosed so far is Kentucky Retirement Systems, which gave $50 million.

In the past, Horsley has taken funds from the California Institute of Technology, Eastman Kodak… Continue Reading