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Vintage Investment Partners, a global venture capital platform headquartered in Herzliya, recently announced that it has raised $200 million for its fourth growth-stage venture fund.
A growth fund is a diversified portfolio of stocks made up of above-average growth companies that reinvest their profits into business expansion rather than seeking immediate investment returns.
Growth IV is the firm’s 16th overall venture capital fund and is expected to serve as an investment pool for major emerging technology startups in Israel, Europe, and the United States.
The company raised $632 million in a fund of funds created last year and $312 million in a secondary fund created two years ago. Growth IV brings Vintage’s total assets under management to approximately $4 billion.
Vintage Investment, which recently celebrated its 20th anniversary, has expanded its team to 60 people since last year. Among the companies Vintage invested in during their startup stages were JFrog, Honeybook, Minute Media, Mirakl, Monday.com, SentinelOne, Silverfort, Wiliot, Wolt, and Yotpo. Most of those companies were founded in Israel or by Israelis.
Alan Feld, founder of Vintage Investments, said the company is “fortunate to have two generations of great future leaders who we believe can take Vintage to the next level.” Ta.
Abe Finkelstein, general partner at Vintage Investments, said that despite the current difficult funding environment for venture capital funds, “We were able to achieve growth IV that exceeded our goals, and we were able to achieve growth IV that exceeded our goals, reflecting the strong support of our limited partners.” I am grateful for the support.”
Mr. Finkelstein added, “We are entering one of the most exciting periods in venture capital investing the firm has ever experienced.”
Asaf Horesh, the firm’s other general partner, said: “Vintage not only provides access to and backing large, growth-stage companies, but also provides investors with a strong investment opportunity while maintaining discipline in the pace and size of their deployments. “We have continually demonstrated the ability to generate distributions.”
“We connect startups with customers, investors, and industry experts,” said general partner Amit Frenkel. “Even if we’re not the biggest investor, our goal is to be the founder’s most influential partner.”
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