One of the best VC firms out there. One way to tell if a VC fund is good is by $AUM and last fund raised. Highland has $2.9 billion AUM (huge for a VC firm) and they raised $300 mm in July 2007 so they have plenty of money to go make new investments.
Unlike stories about other VC firms hurting cause they can't make an exit, Highland most likely isn't feeling too much pain because their recently raised fund gives them enough capital to not have to solely depend on an exit.
[quote=TeamLRAM]One of the best VC firms out there. One way to tell if a VC fund is good is by $AUM and last fund raised. Highland has $2.9 billion AUM (huge for a VC firm) and they raised $300 mm in July 2007 so they have plenty of money to go make new investments.
Unlike stories about other VC firms hurting cause they can't make an exit, Highland most likely isn't feeling too much pain because their recently raised fund gives them enough capital to not have to solely depend on an exit.
So what's the consensus? Is the $400 mm fund size indeed evidence of LP disillusionment, or is Highland playing it smart by raising a smaller fund in this environment (with the ability to raise a ninth fund sooner if it actually invests at a faster rate than expected)?
A little of both?
Just to add some context, Highland's previous two funds were ~$800 mm. Also, Greylock Partners' newest fund closed at $575 million, which is greater than HCP's $400 but still significantly less than $800.
Both...fund sizes will contract over the next 2 years...and bubble funds will get crowded out...for VC, if you're not focused on bio or supply side cleantech, best to be capital efficient these days...lots of opptys in mobile gaming, cloud, demand side cleantech...which don't require more than 40 million or so to scale...
Exercitationem in eius fugiat vitae et hic dicta sint. Eveniet fuga sed consectetur.
Non omnis voluptas quia est velit atque. Odio quia atque quam repudiandae nobis aut est. Cumque velit sit non quia velit quasi porro.
Non nam veniam consequatur molestiae. Placeat eligendi qui laudantium. Et sit itaque et sequi. Impedit et quaerat ipsa delectus velit. Delectus vero eum quidem et nisi. Odit distinctio expedita nihil incidunt ex.
Ullam dolorum quo tempore deleniti numquam error ut. Sit dolores aperiam eaque voluptate qui vel ad. Sint dolores molestias illo odit mollitia voluptatem. Nobis et dolorum consequatur non illum. Ad sapiente quo et labore odit at dolorem. Culpa aspernatur ipsum officiis aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
.
Sorry man i thought you said Highfields Capital. Which is a ridiculously hard firm to break into. Not to familiar with highland capital mngmt
Its a good firm. They launched a consumer-focused firm in 2007. Last launch I heard about.
One of the best VC firms out there. One way to tell if a VC fund is good is by $AUM and last fund raised. Highland has $2.9 billion AUM (huge for a VC firm) and they raised $300 mm in July 2007 so they have plenty of money to go make new investments.
Unlike stories about other VC firms hurting cause they can't make an exit, Highland most likely isn't feeling too much pain because their recently raised fund gives them enough capital to not have to solely depend on an exit.
TeamLRAM http://teamlram.wordpress.com
[quote=TeamLRAM]One of the best VC firms out there. One way to tell if a VC fund is good is by $AUM and last fund raised. Highland has $2.9 billion AUM (huge for a VC firm) and they raised $300 mm in July 2007 so they have plenty of money to go make new investments.
Unlike stories about other VC firms hurting cause they can't make an exit, Highland most likely isn't feeling too much pain because their recently raised fund gives them enough capital to not have to solely depend on an exit.
TeamLRAM http://teamlram.wordpress.com[/quote]
How does Highland Capital Partners compare with other Boston-based firms? Say, Battery Ventures, Bain Capital Ventures, Charles River, Matrix Partners, Bessemer Venture Partners, etc.?
Highland Capital Partners Closes Eighth Fund (Originally Posted: 11/12/2009)
http://www.pehub.com/55486/highland-capital-partners-closes-eighth-fund/
So what's the consensus? Is the $400 mm fund size indeed evidence of LP disillusionment, or is Highland playing it smart by raising a smaller fund in this environment (with the ability to raise a ninth fund sooner if it actually invests at a faster rate than expected)?
A little of both?
Just to add some context, Highland's previous two funds were ~$800 mm. Also, Greylock Partners' newest fund closed at $575 million, which is greater than HCP's $400 but still significantly less than $800.
Thoughts?
Both...fund sizes will contract over the next 2 years...and bubble funds will get crowded out...for VC, if you're not focused on bio or supply side cleantech, best to be capital efficient these days...lots of opptys in mobile gaming, cloud, demand side cleantech...which don't require more than 40 million or so to scale...
Didn't they raise their Consumer fund in late 2007 ?
Exercitationem in eius fugiat vitae et hic dicta sint. Eveniet fuga sed consectetur.
Non omnis voluptas quia est velit atque. Odio quia atque quam repudiandae nobis aut est. Cumque velit sit non quia velit quasi porro.
Non nam veniam consequatur molestiae. Placeat eligendi qui laudantium. Et sit itaque et sequi. Impedit et quaerat ipsa delectus velit. Delectus vero eum quidem et nisi. Odit distinctio expedita nihil incidunt ex.
Ullam dolorum quo tempore deleniti numquam error ut. Sit dolores aperiam eaque voluptate qui vel ad. Sint dolores molestias illo odit mollitia voluptatem. Nobis et dolorum consequatur non illum. Ad sapiente quo et labore odit at dolorem. Culpa aspernatur ipsum officiis aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...