Thursday, 27 October 2016
Last updated 2 hours ago
Oct 3 2011 | 1:28pm ET
The reborn Raptor Capital Management is a diversified beast.
The Boston-based firm, which reopened last year, plans to raise a $75 million venture capital fund. It's not clear how Raptor Ventures will invest; Raptor disclosed its plan to launch the fund in a filing with the Securities and Exchange Commission.
Raptor hasn't raised any money for the new fund, which was first reported by the Boston Business Journal.
Since reopening last year, Raptor has launched a new hedge fund, Raptor Evolution, which currently manages about $200 million, and a new sports consulting group, RaptorAccelerator. Raptor founder James Pallotta is a minority owner of basketball's Boston Celtics.
Pallotta shuttered Raptor in 2009, just months after spinning the funds off from Tudor Investment Corp.