With $215 Million in Commitments, Vintage Closes Tenth Fund
Its latest fund brings the capital managed by Israel-based venture capital firm to around $1.5 billion
Limited partners that have committed to investments in the new fund include financial firms from the U.S., Canada, and Israel, as well as university endowments, the company said.
Based in Herzliya Pituach, around 10 miles north of Tel-Aviv, Vintage is managed by Alan Feld, Abe Finkelstein, Amit Frenkel and Ehud Hai. Vintage X is the largest secondary fund closed by Vintage to date, bringing the capital managed by the firm to around $1.5 billion.
Vintage said it will continue its strategy of purchasing limited partnership positions in venture and growth equity funds in Israel, Europe and the U.S., as well as acquiring shares in private technology companies.
In July, Israel-based venture capital fund Maniv Mobility, announced it closed an inaugural fund of around $40 million. Focused on automotive technology the fund lists as limited partners InMotion Ventures, the venture arm of automaker Jaguar Land Rover, and French auto parts maker Valeo.