San Francisco investment firm Cendana Capital has closed on two funds of funds. The firm closed Cendana Capital Fund with $28.2 million, and simultaneously closed Cendana Co-Investment Fund with $60 million, raising a combined total of $88.2 million. Cendana puts its focus on PE and VC funds, including angel, micro-cap and institutional seed funds. The firm reportedly has invested in multiple seed-investment firms, including Freestyle Capital of Mill Valley, CA, and K9 Ventures of San Francisco.
