AlumniVentures Review 2026
AlumniVentures ranks as the number-one most active venture capital firm in the United States by deal count, according to PitchBook rankings published annually from 2018 through 2024. The firm lets acc
EquityZen Review 2026: Now a Morgan Stanley Subsidiary
EquityZen, acquired by Morgan Stanley in 2026, cut pre-IPO transaction fees to 2.5 percent for buyers and sellers, with a 5,000 dollar minimum.
Pinegrove Closes $1.5 Billion Oversubscribed VC Fund-of-Funds: What It Means for LP Access
Pinegrove Venture Partners closed a $1.5 billion oversubscribed VC fund-of-funds. Here is how the structure works, what two layers of fees actually cost, and how smaller investors can get comparable exposure.
AngelList Review 2026: How Syndicates and Rolling Funds Actually Work for Accredited Investors
AngelList is fully operational in 2026. After spinning its talent business off as the independent company Wellfound in January 2023, the platform refocused entirely on venture infrastructure. It now h
Cherubic Ventures Closes $68.88 Million Fund VI: What Solo GPs and AI Follow-On Velocity Signal for Accredited Investors
On September 1, 2026, Cherubic Ventures closed its sixth fund at exactly $68.88 million, a figure the Taipei-founded firm chose deliberately because the number eight carries associations with prosperi
This Week in Fund Closes: What $6 Billion in New Commitments Across Eight Funds Reveals About Where LP Capital Is Going
Nine fund closes in one week ranged from $4 billion to $17 million in size, showing a widening barbell in where LP capital concentrates today.
Ventures Platform Closes $84M Pan-African Fund II: What It Signals for Frontier VC
Ventures Platform closed its second Pan-African fund at $84 million, beating its $75 million target, with new capital from EBRD, Norfund, and Ashesi...
Capital F's $17M Fund Has 80% Female LPs: What It Signals for Accredited Women Investors
Capital F closed a $17 million debut fund with roughly 80% female LPs, in an industry where women hold under 20% of LP seats.
Permanent Capital Ventures Raises $200M Fund II for Applied AI
Permanent Capital Ventures just launched a $200 million Fund II, pushing total capital raised since its early-2024 founding past $350 million.
a16z Bets $1.1 Billion That AI's Next Winners Build Hardware, Not Apps
Andreessen Horowitz raised $1.1 billion for a new Machine Age Fund dedicated entirely to AI hardware: chips, memory, networking, data centers, and robots.
GP Commitment Explained: What Skin in the Game Really Means
TL;DR: GP commitment is the percentage of a fund's total capital that the General Partner personally invests alongside its Limited Partners, typically 1-5% depending on strategy. Per Carta's 2025 Fund
The SEC's Venture Capital Fund Exemption (Section 203(l) / Rule 203(l)-1): What Every LP Needs to Know
TL;DR: Section 203(l) of the Investment Advisers Act and its implementing Rule 203(l)-1 let venture capital fund managers skip SEC registration and, more importantly, skip routine SEC examinations. Th
Castelion's $1.05B Series C: Why Carlyle and JPMorgan Are Now Co-Leading Venture Defense Rounds
TL;DR: On August 19, 2026, hypersonic missile startup Castelion closed a $1.05 billion Series C — structured as $800 million in equity plus a $250 million revolving credit facility — at a $13 billion
Kembangan Capital Partners' Reported $725 Million Raise: What It Signals for Asia-Focused LPs
Singapore-based Kembangan Capital Partners has reportedly raised US$725 million in a first close for private equity and venture capital bets across Asia, anchored by an unnamed sovereign wealth fund,...
QuantumLight's $500M Bet: Can an Algorithm Out-Pick Human VCs?
Nik Storonsky, the Revolut founder, has closed a $500 million second fund for QuantumLight, the venture firm where a proprietary AI model named Aleph, not a room of partners, decides where the money...
The No-Fault Divorce Clause: How LPs Remove a GP Without Proving Cause
A no-fault divorce clause, also called a no-fault removal provision, is the section of a private equity or venture capital limited partnership agreement that lets a supermajority of limited partners...
Reach Capital's $265 Million Fund V: What Patient Capital Is Really Betting On
Reach Capital closed a $265 million Fund V on August 18, 2026, its largest fund in 11 years. TechCrunch reported that the San Francisco firm will write $1 million to $10 million checks into roughly 50 AI companies over...
The Emerging-Manager Debut Fund Boom of 2026: What the Data Actually Shows
TL;DR: Three unrelated firms closed debut or early-numbered funds in a single 48-hour window this month, oversubscribed or at hard cap. That is not luck. It is the sharp end of a barbell market where PitchBook found US...
Why Most First-Time Managers Ask for the Wrong Fund Size.
In my experience, most first-time managers make the same mistake. They treat fund size like a branding exercise. They think a bigger number makes them look more credible, more important, more
Why Smaller Funds Sometimes Beat Bigger Brands.
Big brands buy trust fast. They also buy bureaucracy, consensus, and a lot of pressure to protect the machine that already exists. That matters because in private markets, the thing that looks safest