https://techcrunch.com/2020/10/19/lee-fixel-burnishes-his-reputation-raising-his-second-massive-fund-in-2020/

On Friday, former Tiger Global Management investor Lee Fixel registered plans for the second fund of his new investment firm, Addition, just four months after closing the first. In fact, according to a report on Friday by the Financial Times, Fixel has already secured a fresh $1.4 billion in capital commitments for that second fund, which Addition reportedly doesn’t plan to begin investing until next year.

But a source close to the firm now says the fund is not, in fact, raised. That’s perhaps good news for investors who were shut out of Addition’s $1.3 billion debut fund and who might be hoping to write a check this time around.