Cloud Investor Emergence Capital Closes $250M Fund
The fund, Emergence Capital Partners III, was oversubscribed and beat an early $200 million target, Emergence said. Investors include the University of Michigan, which put $10 million into the fund in July, according to unversity documents, as well as pension funds and national foundations.
California's public pension fund, CalPERS, and Fairview Capital Partners Inc., the asset manager for a...
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