Israel-based Vintage Raises a $290 Million Fund of Funds
The closing of this new fund of funds brings Vintage's assets under management to $1.8 billion
In a statement, Vintage said the new fund would operate in three investment channels. The Access Fund will focus its investment in the U.S. and Europe and invest in venture funds of over $100 million; the Emerging Fund will invest in venture funds under 100 million in local currency, also in the U.S. and Europe; the Israel Fund will invest in Israeli venture funds.
The closing of this new fund of funds brings Vintage's assets under management to $1.8 billion. In August 2017, Vintage raised $215 in commitments for its tenth fund, called Vintage Investments X.Based in Herzliya, in central Israel, Vintage is managed by Alan Feld, Abe Finkelstein, Amit Frenkel, and Ehud Hai.