Crosslink Capital Raises $400M Hybrid Fund

Jan 31 2008 | 12:18pm ET

Crosslink Capital, a venture capital and growth equity firm, has raised $400 million for its latest offering, a hybrid venture capital-hedge fund. Crossover Fund V will invest in both public and private companies in the alternative energy, technology, communication services and Internet services sectors.
 
The fund will invest in companies at all stages of development from very early, seed stage private financings to public equity investments. 

“For nearly a decade Crosslink Capital has refined its strategy of crossover investing and has developed tightly cohesive and collaborative teams focused on all stages of private and public growth equity investing," said Michael Stark, co-founder. “We believe that this fund is the largest crossover fund ever raised, which is a true hybrid of public and private securities.”
 
Founded in 1989, Crosslink Capital manages over $1.4 billion in assets.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...