Lee Fixel’s Addition raising $1.5 billion for its fifth fund in four years
https://techcrunch.com/2023/06/14/lee-fixel-addition-fund/
Lee Fixel’s Addition is looking to raise $1.5 billion venture capital fund as the former Tiger Global executive continues to secure large sums of money despite the slowdown in the market.
Fixel’s Addition disclosed the fundraising target in a securities filing. It’s Addition’s fifth fund in less than four years with all previous funds amassing between $1.3 billion or larger. The New York-headquartered firm began raising its fourth fund just a year ago.