fundnotes_3_8_04

Camden Private Capital Venture LLC of Baltimore raised an additional $3.5 million from 35 accredited investors through a private placement of limited liability interests. This brings the total amount raised to $10.4 million. The fund is targeted at $200 million. Most recently, the fund reported that it had raised $6.9 million from 35 accredited investors as of October 2003. The partnership calls itself a private equity funds-of-funds.

TH&T Partners Fund 2004 LLC of Boston has filed to raise $1.5 million through a private placement of limited liability company interests. At the time of its SEC filing, the company had already raised $963,000 from 40 accredited investors. A minimum investment of $20,000 is required on the placement. The fund plans to invest in private equity funds.

De Novo Ventures II LP of Menlo Park, Calif., raised an additional $6.3 million from four accredited investors through a private placement of partnership interests. This brings the total amount raised to $114.8 million. Most recently, the fund reported that it had raised $106.5 million from 39 accredited investors as of December 2003. Lazard FrËres & Co. LLC of New York helped to place the issue for $4 million in fees. The fund plans to make venture capital investments.

TCV V LP of Palo Alto, Calif., raised an additional $77 million from eight accredited investors through a private offering of partnership interests. This brings the total amount raised to $891 million. Most recently, the fund reported that it had raised $814 million from 148 accredited investors as of December 2003. A minimum investment of $150,000 is required on the placement. The fund plans to make venture capital investments.

Clanco Crestline Partners LLC of Cleveland has filed to raise $50 million through a private placement of units of limited liability membership interests. At the time of its SEC filing, the fund had already raised $5.9 million from 23 accredited investors. A minimum investment of $50,000 is required on the placement. The fund plans to investment in private equity funds-of-funds.