Limited partners are actively returning to venture capital and many are looking beyond the industry’s giants. “I think this is the first year that LPs have realized that you can make a lot of money in small venture funds as well,” said Hans Swildens, founder and CEO of Industry Ventures.
The firm has closed on $170 million, more than twice the size of its previous fund, for a fund of funds targeting venture capital funds of less than $250 million. That’s another sign of rising investor interest in these smaller pools, Russ Garland reports for Dow Jones VentureWire.
{iframe}http://blogs.wsj.com/venturecapital/2014/09/30/the-daily-startup-small-vc-funds-gaining-support-of-limited-partners/?mod=WSJBlog{/iframe}