All lit up in Times Square: Galdana Ventures raises third venture fund and hires Nasdaq billboard to get ad time
Galdana Ventures, the venture capital unit of private asset manager AltamarCAM Partners, is unveiling its third venture capital fund aimed at raising above $700 million.
The third fund currently has raised more than $650 million with the final close expected in August, which will bring Galdana’s AUM to $1.8 billion+.
Founded in 2015, Galdana Ventures promises to offer LPs diversity in portfolio coverage, across geographies, sector, investment stage and fund vintage.
In a nice touch from the fund management team, Galdana’s fundraise was recently featured on Nasdaq’s billboard on the corner of Broadway and Times Square.
Marcel Rafart, CEO of Galdana Ventures, said: “Many factors have fuelled ‘Galdana Ventures’ success.
“The digital revolution continues to have tectonic consequences on today’s society and economy, and within the private markets venture capital is the asset class best placed to benefit from it. This is especially true when investing in the best Venture Capital managers, who are heavily oversubscribed as a consequence of their persistent, extraordinary results. Being heavily oversubscribed makes it extremely hard to access these funds.
“Thanks to the Galdana team’s entrepreneurial background and active approach, Galdana Ventures has built deep relationships within the industry and is able to invest in the leading venture capital managers of the world.”
