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Private Equity

Lead Edge Capital Closes 4th Fund At $520M

by venturebeat.com posted 11months ago 36 views
Lead Edge Capital, a New York-based private equity firm, has closed its fourth fund at $520 million. Founded in 2009, Lead Edge Capital backs growth-stage companies, and has previously invested in a number of well-known startups including China’s Alibaba, Uber, Delivery Hero, and Spotify. This latest fund brings Lead Edge Capital’s total managed capital to more than $1.5 billion. Alongside this news, the company also announced the appointment of its fourth operating partner, Ron Gill, who previously served as CFO at NetSuite, which Oracle bought in 2016.

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