TLDR:
- Crosslink Capital has successfully hit its target for Fund X.
- LPs in the new fund include the City of San Jose Police & Fire Department Retirement Plan, New Mexico State Investment Council, Penn Mutual Life Insurance Company, San Jose Federated City Employees’ Retirement System, and insurance company TIAA.
Article Summary:
Crosslink Capital has closed Fund X after reaching its target amount. The new fund has garnered interest from various LPs, including the City of San Jose Police & Fire Department Retirement Plan, New Mexico State Investment Council, Penn Mutual Life Insurance Company, San Jose Federated City Employees’ Retirement System, and insurance company TIAA. The successful fundraising for Fund X indicates strong support and confidence from institutional investors. This achievement highlights Crosslink Capital’s ability to attract significant capital for their investment strategies.