TrueBridge Capital Partners

TrueBridge Capital Partners
Private
Industry Investment Management
Founded 2007
Headquarters Chapel Hill, NC, United States
Key people
 Mel Williams, Edwin Poston
Products Venture capital Fund of Funds
Total assets $1.6B+
Number of employees
 16
Website

'TrueBridge' Capital Partners is a boutique alternative asset investment firm. TrueBridge offers venture capital fund of funds services, as well as direct investment opportunities. Founded by Mel Williams, formerly of the UNC-Chapel Hill Management Company, and Edwin Poston, formerly of the Rockefeller Foundation, in 2007.[1][2]

TrueBridge raised its first venture capital-focused fund of funds in 2008 with a final fund size of more than $310 million, its second fund in 2011 closing on more than $342 million, and its third fund in 2014 closing at a hard cap of $400 million. In 2016, TrueBridge closed its fourth and latest fund at a hard cap of $400 million.[3] The firm invests primarily in first quartile venture managers focused on the Information Technology sector, and also directly co-invests in select technology companies alongside those managers. The firm dedicates a portion of its investments to seed-stage funds.[4] TrueBridge also publishes independent research reports, including its annual market analysis on the state of the venture capital industry.[5]

TrueBridge focuses on Silicon Valley IT investments, but also has exposure to investments in India and China. The firm is located in Chapel Hill, North Carolina.

Among TrueBridge Capital's investors are institutional investors, including large state and corporate pension funds, foundations, university endowments, family offices and high-net-worth individuals. In addition, over 150 active venture capitalists have personally invested in TrueBridge funds, many of whom have ties to TrueBridge's historical education partner, the Kauffman Fellows Program.[6]

Forbes partners with TrueBridge annually to rank the top venture capitalists for the Forbes Midas List, as it has each year from 2011 through 2016, and produce the Next Billion Dollar Companies List of the next generation of top startups, as it did in 2015.[7][8][9][10][11][12][13] TrueBridge also regularly posts to its venture-focused column at Forbes.com.[14]

Investments

Notes

  1. ↑ TrueBridge Bio Page: http://truebridgecapital.com/Team.aspx
  2. ↑ "TrueBridge Capital: Who We Are".
  3. ↑ "The Daily Startup: Biotech Startups Prep for Tighter Fundraising Climate". blogs.wsj.com. Wall Street Journal. Retrieved 20 October 2016.
  4. ↑ TrueBridge Raises $408M for Fund of Funds, Foresees Seed Shakeout: http://blogs.wsj.com/venturecapital/2014/09/10/truebridge-raises-408m-for-fund-of-funds-foresees-seed-shakeout/
  5. ↑ "TrueBridge Insights".
  6. ↑ "TrueBridge Approach".
  7. ↑ Midas: The Methodology: http://www.forbes.com/2011/04/05/midas-list-methodology.html
  8. ↑ Midas: The Methodology: http://www.forbes.com/sites/tomiogeron/2012/05/02/midas-2012-the-methodology/
  9. ↑ Midas List 2013: The Methodology: http://www.forbes.com/sites/tomiogeron/2013/05/08/midas-list-2013-the-methodology/
  10. ↑ Midas List 2014: The Methodology: http://www.forbes.com/sites/alexkonrad/2014/03/26/midas-list-2014-the-methodology/
  11. ↑ "Midas List 2015: The Methodology".
  12. ↑ "The Top 10 Venture Capital Investors In The World: Midas List 2016".
  13. ↑ "The Next Billion-Dollar Startups".
  14. ↑ General Doriot: http://blogs.forbes.com/truebridge/
  15. ↑ "Aardvark CrunchBase Profile".
  16. ↑ "Deepmind CrunchBase Profile".
  17. ↑ "Diapers.com CrunchBase Profile".
  18. ↑ "Facebook CrunchBase Profile".
  19. ↑ "Fusion-io CrunchBase Profile".
  20. ↑ "Groupon CrunchBase Profile".
  21. ↑ "Kayak.com CrunchBase Profile".
  22. ↑ "Lending Club CrunchBase Profile".
  23. ↑ "LifeLock CrunchBase Profile".
  24. ↑ "MoPub CrunchBase Profile".
  25. ↑ "Oculus VR CrunchBase Profile".
  26. ↑ "ServiceNow CrunchBase Profile".
  27. ↑ "Twitter CrunchBase Profile".
  28. ↑ "Zulily CrunchBase Profile".

References

This article is issued from Wikipedia - version of the 10/20/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.