Venture capital firm, Tenaya Capital, is seeking to raise $300 million for its first independent fund, The Wall Street Journal reports. The Tenaya Capital VI fund will make mid- to late-stage venture investments in technology companies.
The placement agent for the portfolio is Lazard Freres & Company. The venture capital firm was spun off from Lehman Brothers in 2009. The venture unit, called Lehman Brothers Venture Partners, was renamed Tenaya Capital.
Click here for the story from The Wall Street Journal.