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Lehman Brothers raises USD 300 mio. VC fund
Filed in archive Venture Capital by tj on October 15, 2003
Lehman Brothers has successfully raised a 300 mio. VC fund . The fund will target mid- to later-stage venture capital investments in companies capable of turning innovative technology solutions into successful businesses (mainly in US). Investors in the fund include the Canada Pension Plan Investment Board , the Commonwealth of Pennsylvania Public School Employees' Retirement System, Lehman Brothers and Lehman Brothers' employees.Given the financial performance of most VC funds in the last 2 1/2 years this is a respectable amount. It supports my argument that the worst time is right behind us.

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Tags: fund  brothers  lehman  entrepreneurship  technology  lehman+brothers  raises+fund  brothers+raises 
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