CFPE Closes on Three for VC

CF Private Equity (CFPE) has closed three venture funds, including CF Venture Partners XV LP, CF Venture Direct Opportunities II LP, and CF Blockchain Ventures LP.

CF Venture Partners XV LP closed with over $539 million in commitments, while CF Venture Direct Opportunities II LP and CF Blockchain Ventures LP closed with $100 million and $25 million in commitments, respectively.

Limited partners in the new funds include existing investors as well as new investors, including foundations, endowments, pensions, healthcare systems, family offices, and registered investment advisors.

“We are grateful to work on behalf of so many great institutions and will strive to continue our legacy of providing investor access to constrained and leading venture capital managers,” said Aaron Miller, the managing director and head of venture capital at CFPE. “We see tremendous opportunity ahead, driven by the advent of generative artificial intelligence and the broader technological shifts, and believe the coming years will be a great time to invest.”

Within venture capital, CFPE employs a global, multi-stage, and multi-sector approach with an early-stage bias and selective venture growth equity exposure. Sectors of interest are varied but include technology and software-enabled opportunities across enterprise, consumer, healthcare, and blockchain.

“We started to invest directly into high-potential, breakout venture growth companies starting in 2009, and we also recognized the blockchain opportunity as early as 2017,” added Mr. Miller. “As the landscape evolves, we believe dedicated funds are essential to capitalize on these opportunities.”

Wilton, Connecticut-headquartered CF Private Equity, an affiliate of asset management firm Commonfund, makes both direct and secondary investments across asset classes in buyouts and growth equity, venture capital, and real assets.