Vintage Investment Partners, an Herzliya Pituach, Israel-based venture capital firm, closed its tenth fund, with $215m of commitments.
Vintage Investments X, which is Vintage’s fourth secondary fund, was mainly secured from U.S., Canadian and Israeli financial institutions, university endowments, foundations and family offices, the vast majority of whom were investors in Vintage’s prior funds.
The closing of Vintage X brings the firm to approximately $1.5 billion under management.
The fund will continue to focus on purchasing limited partnership positions in Israeli and European venture and growth equity funds as well as select U.S. venture funds. Vintage will also continue its strategy of acquiring shares in private technology companies from entrepreneurs, former employees and angels who want liquidity on their holdings.
Led by Founder and Managing Partner Alan Feld and General Partners Ehud Hai, Abe Finkelstein and Amit Frenkel, Vintage has now $1.5 billion under management four venture-focused secondary funds, four venture funds-of-funds and two late-stage venture co-investment funds.