Big US institutions back Blackbird’s new $1b venture fund
Morgan Stanley and Schroders have committed money to Blackbird Ventures' new $1b fund; the piece also recalls Airtree's $650m fifth fund drawing US institutional backing last year.
Company
Every published round Harvard Management Company took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Harvard Management Company has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
This is a stake in the fund itself, money that the fund's manager invests, not a stake in the fund manager.
| Fund | Manager | Sources |
|---|---|---|
| Fund V | AirTree Ventures | techpinions.com, Startup Daily |
Companies Harvard Management Company has backed that another company then bought. An exit for the holding, not a deal Harvard Management Company did.
Stories naming Harvard Management Company. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Morgan Stanley and Schroders have committed money to Blackbird Ventures' new $1b fund; the piece also recalls Airtree's $650m fifth fund drawing US institutional backing last year.
Sydney venture firm Airtree has completed the close of its fifth fund at $650 million, drawing backing from US institutional investors and Australian superannuation funds, with allocations set for early and growth stages.
Airtree Ventures has reached a first close on its fifth fund, drawing commitments from three US institutions plus returning local super funds, against a $650 million target.