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.
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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.