fundnotes_5_24

Alta BioPharma Management III LLC of San Francisco raised $738,895 from five accredited investors through a private placement of limited partnership interests. The fund plans to make venture capital investments.

Montreux Equity Partners III SBIC LP of Menlo Park, Calif., raised an additional $12.5 million through a private offering of partnership interests. This brings the total amount raised to $31.5 million. The fund reported that it had raised $19 million from nine accredited investors as of June 2003. The fund plans to make venture capital investments.

Citigroup Private Equity Partners LP of New York raised an additional $700,000 from three accredited investors through a private offering of limited partner interests. This brings the total amount raised to $129.3 million. The partnership calls itself private equity fund-of-funds.

Velocity Equity Partners I LP of Boston raised an additional $4.5 million from 17 accredited investors through a private placement of partnership interests. This brings the total amount raised to $15.6 million out of targeted $25 million. The fund reported that it had raised $11.1 million from 46 accredited investors as of September 2002. The fund plans to make venture capital investments.