Saturday, March 17, 2012
Dog and Pony Shows: Kleiner Perkins raising new fund
Fortune’s Dan Primack reports: Venture capital firm Kleiner Perkins Caufield & Byers is preparing to raise its next general fund. The firm plans to target $600 million, with an unspecified cap. Its prior general fund (KPCB XIV) closed on $650 million early last year. Kleiner Perkins also is investing out of a $1 billion Digital Growth Fund (led by ex-Internet analyst Mary Meeker) and a $500 million Green Growth fund.
Even though this is a very fast turnaround, don't expect Kleiner Perkins to have much trouble hitting its number…..
Read all about it at http://finance.fortune.cnn.com/2012/03/16/exclusive-kleiner-perkins-raising-new-fund/?iid=F_blogM
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