USA – TrueBridge Capital Partners, a Chapell Hill, N.C.-based venture capital investment firm, closed its sixth venture capital fund-of-funds, TrueBridge Capital Partners Fund VI, L.P., with $600m in limited partner commitments.
TrueBridge Fund VI received support from new and existing limited partners worldwide, including foundations and endowments, pension funds, family offices, and high net worth individuals. Since its founding in 2007, TrueBridge has maintained its strategy of investing in premier, access-constrained venture capital managers primarily focused on early-stage technology companies, as well as directly investing in some of the best-performing tech startups alongside select managers. During the past several years, TrueBridge has established a platform of complementary venture capital strategies to support its primary fund investment strategy, including the launches of TrueBridge Direct Funds I and II as well as investing in leading seed and micro VC managers. With this latest fund, the firm now manages over $3.3 billion in assets. It is the data partner behind Forbes’ Midas List and Next Billion Dollar Startups, and is a regular venture-focused contributor on Forbes’ platform. 13/07/2020
