Lee Fixel’s Addition raising $1.5 billion for its fifth fund in four years

Lee Fixel’s Addition is looking to raise $1.5 billion venture capital fund as the former Tiger Global executive continues to secure large sums of money despite the slowdown in the market.
Fixel’s Addition disclosed the fundraising target in a securities filing. It’s Addition’s fifth fund in less than four years with all previous funds amassing between $1.3 billion or larger. The New York-headquartered firm began raising its fourth fund just a year ago.
The fundraising target comes at a time when VCs are slowing down the pace of dealmaking and in many cases cutting short

リンク元