Alexander Haislip

James Surowiecki, author of The New Yorker’s “Financial Page,” is one of my favorite business journalists. His style and insight make him always worth reading, no matter what piece of the global economy he tackles. But he missed a big trend in his story this week. He writes in “India’s Skills Famine” that the country’s […]

Draper Fisher Jurvetson’s ninth fund has hit its $600 million target, according to a regulatory filing. peHUB had reported last month that the close had been expected to occur at the end of Q1. DFJ IX is 50% larger than its predecessor, and the firm’s largest raise since the $640 million. DFJ had nine of its […]

Sequoia Capital has quietly added former Summit Partners Associate Patrick W. Grady to its team, the third low-ranking Summit employee in the past nine months. Patrick Grady joins former coworkers Alexander Harrison and Scott Carter at Sequoia and will focus on software and services investments. The new Sequoia investor should not be confused with the […]

Sevin Rosen Fund General Partner Nick Sturiale is actively looking for a new job and has interviewed with at least one other Palo Alto, Calif.-based early stage venture firm, sources told PE Week. Sturiale’s job search comes about six months after Sevin Rosen halted fund-raising for its 10th fund and proclaimed in a letter to […]

“Private equity in Asia is a tremendous opportunity and will continue to grow, it’s still under-penetrated,” Goldman Sachs Managing Director Michael Koester told participants of the Thunderbird Global Private Equity Investing Conference in Glendale, AZ Thursday. “If you think you can take someone from lower Manhattan and pop them in Shanghai, you’re in for a […]

Sevin Rosen Funds pulled the plug on fundraising for its 10th fund by sending a letter to its limited partners saying there was too much money chasing too few deals last October. At the time, pundits said the firm needed to rethink its strategy and adapt. Some people close to the firm told PE Week […]

Regional tension surrounding the Israel-Hezbollah conflict last year may have created political turmoil in the Middle East, but investors apparently made the distinction between the violence on the ground last summer and the fundamental stability of Israel’s tech industry. Greylock Partners, for example, announced it raised a $150 million fund dedicated to Israel just as […]

A limited partner in Draper Fisher Jurvetson’s ninth fund says the firm will not only make its $600 million target, but may go up to its hard cap of $620 million by its March 31 scheduled close. The venture firm will “easily hit that,” the limited partner says. DFJ already has closed on $434.5 million, just […]

Draper Fisher Jurvetson has raised $434.5 million toward its $600 million target for its ninth fund, according to a regulatory filing. The fundraising has been remarkably fast, the firm formed Draper Fisher Jurvetson Fund IX in January and has already filled more than 70% of its target. It suggests investors have great confidence in the […]

Israel Cleantech Ventures held a $20 million first close toward its purposed $60 million fund, making it the first Israeli VC firm to raise money for the emerging cleantech industry, co-founder Glen Schwaber told PE Week. Subscribers can read the whole story here. Schwaber, Jack Levy and Meir Ukeles, each of whom is under the […]