Realization Capital Partners Closes $323 Million Fund

<p><strong>MENLO PARK<&sol;strong> &&num;8212&semi; Realization Capital Partners Management has closed its second investment fund&comma; Realization Capital Partners II&comma; L&period;P&period; at &dollar;323 million&period; The Fund received strong support from a diverse range of investors including multi-family offices&comma; RIAs&comma; single-family offices&comma; endowments&comma; foundations&comma; and industry executives&period;<&sol;p>&NewLine;<p>Founded in 2019 by Jason Donahue&comma; Realization Capital makes both secondary and primary direct investments of &dollar;5 to &dollar;100 million in companies ranging in revenue from &dollar;10 million to &dollar;1 billion in partnership with management&comma; owners&comma; and controlling shareholders&period; These transactions can include acquiring existing minority stakes from other venture capital and private equity firms&comma; leading or joining primary rounds&comma; or effecting buyouts and recapitalizations&period;<&sol;p>&NewLine;<p>After raising its inaugural fund in 2020&comma; Realization Capital now manages in excess of &dollar;490 million in assets&period; Since its inception&comma; Realization has acquired stakes in 29 companies through direct and portfolio secondaries and invested in an additional eight companies through primary capital financing rounds and recapitalizations&period; The Firm’s initial fund has partially or fully exited its position in 11 portfolio companies to date&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;This is an exciting milestone for our Firm and we are humbled and tremendously grateful for the confidence and support of our existing investors and the new investors who joined us in our second fund&comma;” said Managing Member Jason Donahue&period; &OpenCurlyDoubleQuote;Realization Capital was founded to invest into situations where structural inefficiencies arise in the venture capital industry&period; We’re very proud of our results to date&comma; the team we’ve built&comma; and the partnerships we’ve established with venture capital firms and other stakeholders in the venture ecosystem&period;”<&sol;p>&NewLine;<p>General Partner Kevin Iudicello added&comma; &OpenCurlyDoubleQuote;We look for healthy&comma; growth-stage technology businesses where we believe an outside variable is creating valuation dislocation&period; We feel Realization Capital is particularly well-positioned in the current market environment and look forward to continuing to pursue opportunities where our Firm partners with management teams and other investors as an active value-added partner and provider of liquidity&period;”<&sol;p>&NewLine;

Editor

Intel Names New Chief Sales Officer

SANTA CLARA – Intel Corporation has announced the appointment of Dean Jarnac as executive vice…

5 hours

ALSO Raises $150 Million Series D

PALO ALTO -- ALSO, a technology company building driven and autonomous small electric vehicles, has…

14 hours

MaxQ Medical Secures $31.5 Million for Prostate Care

SUNNYVALE -- MaxQ Medical, Inc., a private health-tech company developing an all-in-one transurethral imaging and therapy…

14 hours

Rillet Reels In $100 Million

SAN FRANCISCO  — Rillet, an AI-native ERP (enterprise resource planning) platform for modern finance teams,…

14 hours

Apple Opens Advanced Manufacturing Center in Houston

CUPERTINO -- Apple has opened a new Advanced Manufacturing Center (AMC) in Houston. The center…

5 days

CodeRabbit Lands $143 Million Series C

SAN FRANCISCO -- CodeRabbit, a pioneer of AI code review, has landed a $143 million…

5 days