Maverick Raises More than $400 Million for Venture Fund

Lee Ainslie’s firm joins other Tiger Cubs like Coatue Management, Valiant Capital and Tiger Global in making private investments.

Lee Ainslie III’s Maverick Capital has raised at least $425 million for its new venture capital fund.

At the end of January, the firm had its first close of $350 million for Maverick Private Opportunities Fund. Maverick also raised another $75 million for Maverick Advisors Fund, which is part of the structure of Maverick Private Opportunities.

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