TrueBridge Capital captures $310M for fund of funds
The latest fund-of-funds, a investment firm that puts its money into other venture firms, to close on a round is TrueBridge Capital Partners, with $310 million in new money.
Based in Chapel Hill, Calif., TrueBridge is a new firm, and this is its first close. It was aiming for $250 million, but ultimately took on more. Some 50 of its limited partners are members of the Kauffman Fellows Program, a training ground for new VCs.
The fund… Continue Reading