TrueBridge Capital Partners announces $170 million new “fund-of-funds”
Chapel Hill, NC-based TrueBridge Capital Partners has announced the close of its first venture capital “fund-of-funds” focused solely on seed and micro-venture capital firms.
With $170 million in limited partner commitments, TrueBridge Capital Partners Seed & Micro-VC Fund I L.P. will invest in high-performing fund managers that are raising funds of $200 million or less and/or investing in the earliest stages of companies. The fund surpassed its fundraising target with strong support from both existing limited partners and new investors, including foundations and endowments, pension funds, family offices, and high net worth individuals.
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