First-time funds brace for rocky start as COVID-19 lingers on

First-time funds brace for rocky start as COVID-19 lingers on

Photo by Bruno Cervera on Unsplash

For venture capital fund managers who are out in the market raising their debut vehicles, the timing could not have been worse.

The COVID-19 outbreak, which continues to tighten its vice-like grip across the world, has altered the fundraising landscape for first-time managers often seen as more vulnerable compared to storied investors on the trail.

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