VC FoFs Northgate closes ninth fund

Bay Area venture capital investment firm Northgate closed last month its latest fund as co-founders Brent Jones and Tommy Vardell extended their commitments to the firm as investors, investment committee members and relationship managers.

Northgate Venture Partners IX (NVP IX) was launched in May 2020 with the aim of offering a highly concentrated portfolio of access-constrained venture capital firms.

NVP IX is Northgate’s flagship venture fund, dedicated to early-stage and growth managers. Fund IX will be followed by Northgate Venture Partners X, a 2022 vintage fund that will continue the firm . . .

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