Wednesday, August 9, 2006
Jacobs Capital Launching $125M Fund
Pasadena-based Jacobs Capital Group, a private equity group and venture capital investment group, is launching a new $125M private equity fund this week. Jacobs Capital will use the fund to invest in alternative investments such as venture capital funds, and will be a fund-of-funds. The firm said that it will primarily invest in emerging managers with various industry specialties and geographic focuses. Jacobs Capital has made investments so far in California Technology Ventures II, LLC, Aphelion Medical Fund, Innovations Kapital IV, and Psilos Ventures III with the new fund.