Los Angeles-based Bracket Capital announced the close of its oversubscribed second fund, Bracket Capital Fund II, plus a larger asset raise for co-investment vehicles.
The fund’s hard cap of $150 million was hit, while another $300 million was committed to be deployed in co-investment vehicles alongside Fund II for a total asset raise of $450 million.
Bracket’s initial fund launched in 2017 and invested approximately $200 million. Notable investments included: Space X, Airbnb, Clover Health, Palantir, Coinbase, SoFi, eToro, Reddit, Impossible Foods, Bird Clutter and Hive AI.
“As . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
