Raptor Plans Venture Capital Fund

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.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Moore Capital PM Fired After Raucous Hamptons Party

Jul 7 2016 | 10:47pm ET

A portfolio manager for Louis Bacon’s $15 billion hedge fund Moore Capital Management...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...