Emerging managers shouldn’t rush a first close – even in this market

TechCrunch
By Rebecca SzkutakMay 17, 2023, 11:00 am127 pts
Fundraising has gotten increasingly tough over the last year for funds of all stripes, and especially so for emerging managers. In the first quarter of 2023, venture firms led by up and coming managers raised $1.62 billion, a mere 13% of the total capital raised in the U.S., according to PitchBook. Emerging…

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