Global VC and PE fundraising news for September 19, 2024

VC firm Headline raised $865 million for its latest growth fund targeted at Series B or later investments in technology companies.

Dragonfly Capital, a San Francisco-based VC firm specializing in crypto investments, is raising capital for its fourth fund with a target of $500 million, Bloomberg reported.

TPT Investment Management launched a new £650 million UK private credit fund seeded by UK defined-benefit pension schemes.

Phoenix raised £400 million for its latest flagship fund to target high-growth, lower-middle-market businesses. Additionally, the UK firm closed on £200 million for a continuation vehicle.

Tokyo-based Longreach Group has held a 78 billion yen (around $500 million) final close on its fourth fund.

French investment group Eiffel secured €777 million for its debt vehicle, Eiffel Impact Debt II, a 35% increase from its predecessor.

St. Louis-based Thompson Street Capital Partners has established its second continuation fund.

News & Analysis

Related content