Vintage Investment Partners, a global venture firm has closed of its 4th Growth-Stage Venture Fund (Growth IV) at $200 million, above its target. Similar to Vintage’s prior Growth funds, Growth IV will invest in 15-20 leading Israeli, European, and U.S. growth-stage technology startups, together with its trusted network of tier-one venture capital funds.
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The Fund, which is Vintage’s 16th fund overall, will operate in parallel to Vintage’s Fund of Funds and Secondary Funds, all driven by Vintage’s deep database and network, bringing Vintage’s total assets under management to roughly $4 billion. Vintage will keep providing its supportive Value+ services to the funds and enterprises in its portfolio.
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Abe Finkelstein, General Partner at Vintage, noted, “Having just completed Vintage’s 20th anniversary year, we are entering one of the most exciting periods the firm has witnessed in venture capital investing, with innovation and disruption still occurring at a breathtaking pace across a wide variety of sectors, all the while valuations are becoming attractive after the recent bubble years. Further, despite the tough fundraising environment for venture capital funds, we were able to close Growth IV above target, and are grateful for the strong show of support from our limited partners.”
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Amit Frenkel, General Partner at Vintage, said, “We aim to be more than just capital and work our hardest to add value and serve all of our companies. We connect startups with customers, investors, and industry experts. Even when we’re not the largest investor or on the board, our goal is to be the most impactful partner a founder can have.”
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About Vintage Investment Partners
Founded in 2003, Vintage Investment Partners is a global venture firm combining fund-of-funds, secondary funds and growth funds. With over $3.6 Billion under management, 14 active funds, across the U.S., Europe, and Israel, Vintage is invested in several of the world’s leading venture funds with exposure to approximately 2,250 technology companies. Vintage uses its unmatched network to connect startups across the world to hundreds of corporations seeking support in their digital journeys, helping drive an ecosystem to maximize its potential and reach new heights.
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