Latest news with #FundIII
Business Wire
17-07-2025
- Business
- Business Wire
Walton Global Launches $250 Million Offering Targeting 11.5% Return
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Walton Global, a real estate investment and land asset management company, has launched Builder Land Finance (BLF) Fund III, a private credit offering designed for accredited investors. The fund offers a land backed, fixed-income opportunity for investors to participate in institutional land banking through flexible financing structures tailored to homebuilder needs. BLF Fund III targets an annualized return of 9%-11.5%, paid quarterly, through a debt-based structure secured by financing land acquisition projects that are pre-identified and contracted by the largest homebuilder in the United States. Capital is deployed through structured land purchases that support near-term homebuilding activity, while investors receive income backed by the underlying land and builder premium payments. Key features of BLF Fund III include: Target offering of up to $250 million designed for broker dealers, RIAs, and family offices Fixed 9%-11.5% target return (9% for broker dealers, 11.5% for fee-only registered investment advisors) 5-year term with two optional 1-year extensions Quarterly interest payments Land identified and contracted by an A- rated public homebuilder No exposure to entitlement, construction, or housing price volatility Land remains the single most critical and constrained input in the U.S. housing supply chain. While demand for new homes continues to outpace existing inventory, homebuilders face increasing pressure to secure land without overleveraging their balance sheets or absorbing speculative risk. In this environment, traditional land banking strategies are being replaced by capital-light, off-balance-sheet solutions. BLF Fund III is designed to meet that need by offering pre-negotiated, builder-aligned land financing that enables builders to control pre-approved sites without upfront capital outlay, reduce land carrying costs and timing risk, and improve operational agility in markets with strong housing demand. 'For BLF Fund III, we're focused on the intersection of smart land acquisition and the growing demand for new housing,' said Bill Doherty, CEO of Walton Global. 'Our just-in-time land strategy is designed to give builders the inventory they need, when they need it, while offering our investors exposure to a resilient and essential segment of the real estate market.' The fund builds on a proven investment model. Under this strategy, land is acquired only after extensive due diligence by the builder. Walton then secures the property and enters into a takedown agreement that allows the builder to purchase land and lots in phases. Investors receive interest during the holding period, and capital is repaid as home sales are completed. 'Our model is purpose-built to meet today's market needs,' said Paul Bae, Vice President of Portfolio Management at Walton Global. 'It supports builders with access to flexible capital while creating consistent, land-backed income opportunities for our investors.' BLF Fund III is positioned within the growing private credit sector, which includes real asset-backed strategies designed to generate attractive income and diversification for accredited investors. Walton expects continued growth in its builder-aligned land acquisition pipeline and remains focused on delivering solutions that address both investor income objectives and the housing market's structural land constraints. BLF Fund III is offered to accredited investors only, pursuant to Regulation D, Rule 506(c) of the Securities Act of 1933. Securities are offered through Walton RE Securities, LLC, Member FINRA/SIPC. There is no guarantee that the investment objectives of the Fund will be achieved. Returns may be impacted by market conditions, builder performance, or changes in land values. Investors may experience delays or a loss of capital. Please refer to the private placement memorandum for further details. About Walton Global Walton Global is a privately-owned, leading land asset management and global real estate investment company with more than 80,000 acres of land under ownership, management and administration in the United States and Canada, totaling $4.53 billion. With more than 46 years of experience, Walton has a proven track record of land investment projects within the path of growth in the fastest-growing metropolitan areas. A total of $2.67 billion has been distributed to investors located in 92 countries. The company works closely with top U.S. home builders, developers and industry partners. Business lines include exit-focused pre-development land investments, builder land financing, development projects, DST offerings, and various fund structures. For more information, visit
Business Wire
08-07-2025
- Business
- Business Wire
Seaside Equity Partners Secures Over $720 Million for Two New Funds, Expanding Support for Lower Middle Market Businesses
SAN DIEGO--(BUSINESS WIRE)--Seaside Equity Partners ('Seaside' or the 'Firm'), a private equity firm focused on the lower middle market, today announced the successful closings of two new funds, Seaside Equity Partners III, L.P. ('Fund III') and Seaside Navigator I, L.P. ('Navigator I'), with total commitments of over $720 million. This significant capital raise enables Seaside to further its mission of partnering with exceptional companies to drive growth and value creation in the lower middle market. Seaside secured meaningful support from a diverse group of limited partners, including endowments, foundations, corporate and public pensions, insurance companies, consultants, and family offices. Both Fund III, with $568 million of limited partner commitments, and Navigator I, with $155 million of limited partner commitments, were oversubscribed and substantially completed in a single closing. 'We are fortunate with the outcome and most grateful to our investors, companies, and colleagues for their support and trust,' said Managing Partner Andrew Thompson. 'Fund III and Navigator I represent a significant step forward for our firm, allowing us to expand upon our existing strategy while continuing our pursuit of a great outcome for all.' Building on Seaside's investment strategy, both funds will target mission-critical service providers headquartered in the Western United States. Fund III will continue the Firm's focus on companies generating $3 million to $15 million in EBITDA. Navigator I represents a strategic expansion with a focus on companies generating less than $3 million of EBITDA, a market segment in which Seaside sees significant potential for value creation. With these new funds, Seaside Equity Partners now manages assets of approximately $1.4 billion and has invested in over 55 companies. The Firm's expanded capital base enhances its opportunity to pursue partnerships with lower middle market businesses seeking growth capital, liquidity, and strategic resources in pursuit of reaching their full potential. Shannon Advisors served as placement agent, and Kirkland & Ellis LLP provided legal counsel for the fundraise. For additional information on Seaside Equity Partners, see
Business Times
27-06-2025
- Business
- Business Times
China's 344 billion yuan chip fund switches tack to fight US curbs: sources
[BEIJING] China's main chip investment fund is planning to focus on the country's key shortcomings in sectors like lithography and semiconductor design software, adjusting its approach to better overcome US efforts to stop its technological advances. The third phase of the state-backed National Integrated Circuit Industry Investment Fund, better known as Big Fund III, will focus on backing local companies and projects in areas considered bottlenecks to technological advances, people familiar with the matter said. That includes lithography systems, where Dutch firm ASML Holding NV dominates, and chip design tools, an arena controlled by US companies Cadence Design Systems and Synopsys The new vehicle has so far secured only a portion of the 344 billion yuan (US$48 billion) of capital it originally sought when first created more than a year ago as Beijing is being more cautious with its semiconductor bets, according to the people, though the shortfall should be temporary. The Big Fund III plans to hold its investments for a longer period compared to the two previous phases, they said, declining to be named discussing a private government initiative. A yearslong US-led campaign to curb China's access to chips, equipment and software has appeared to stall Beijing's ambitions in semiconductors, essential to creating cutting-edge AI. Chinese President Xi Jinping has declared the elimination of such choke-points a top priority, particularly as local artificial intelligence players including DeepSeek and Alibaba Group Holding are trying to compete on the global stage with deep-pocketed US rivals such as OpenAI in a critical field. China's Big Fund for years sprinkled capital throughout most sectors of the semiconductor industry, from leading manufacturers such as Semiconductor Manufacturing International Corp to small design companies. It's now adopting a more targeted approach, after massive investments during the fund's first two phases failed to deliver real breakthroughs beyond a surprisingly sophisticated Huawei Technologies mobile processor in 2023. Big Fund III is preparing to make its first major investments in coming months, the people said. Part of its directive is to spur industry consolidation, through deal-making or otherwise, they added. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up If the new vehicle achieves the scale it originally aimed for, it will be China's largest-ever semiconductor fund, bigger than the previous two phases combined. It counts China's Ministry of Finance, state-owned banks and several local government-backed funds as limited partners, according to corporate data provider Tianyancha. It's created three sub-funds to help identify investment targets throughout the supply chain, the people said. China's Ministry of Finance did not respond to a faxed request for comment. Messages to an email for Big Fund III listed on Tianyancha went unanswered. It's unclear whether the fund's managers have identified potential investment or deal targets. Some of the biggest names in China's chipmaking equipment space include Shanghai Zhangjiang High-Tech Park Development, which holds an 11 per cent stake in privately-held lithography machine maker Shanghai Micro Electronics Equipment Group Chinese media outlets have also speculated that Huawei eventually wants to build its own lithography machines, required to make cutting-edge AI chips that can rival Nvidia Corp.'s offerings. Empyrean Technology is one of Chinese's best hopes of competing with leading global chip design software providers including Cadence and Synopsys. China's national chip fund was inaugurated about a decade ago with roughly 100 billion yuan in capital, and has since spearheaded the state's investments in all things semiconductors. It's serving as an important signal of Beijing's policy imperatives, as well as a scorecard for government endorsement. In recent years though, it's faced setbacks in achieving its mission, both internal and external. The US banned Nvidia from selling its best AI accelerators to China, while allies such as Japan and the Netherlands have joined the campaign to ringfence the country's tech sector. Stung by a lack of scientific achievement, Beijing initiated a series of anti-graft probes into top chip industry officers in 2022. BLOOMBERG
Business Upturn
21-06-2025
- Business
- Business Upturn
Campus Fund Launches Third Fund of $100 Million
Bengaluru, Karnataka, India: Campus Fund , India's pioneering and only SEBI-registered AIF Category II venture capital fund dedicated exclusively to student – and college dropout-led startups, has announced the launch of its third and largest fund, a $100 million corpus. With more than 50% of the fund already committed, the fund has completed its first close and has already made two early investments. Founded by serial entrepreneur Richa Bajpai, Campus Fund reimagines venture capital by backing first-time founders while they are still in university, have dropped out of college, or are within three years of graduation. After co-founding Goodera (backed by Nexus, Omidyar, Elevation, and Binny Bansal), Richa developed the Campus Fund thesis while studying at London Business School in 2020. What began as a humble experiment has now evolved into a $100 million institutional platform powering India's next generation of builders. 'Campus Fund is not just a VC firm — it's a movement to unlock the genius scattered across campuses,' said Richa. 'With Fund III, we double down on our conviction that student founders aren't just dreamers — they're doers, redefining the future from dorm rooms, garages, and labs.' Richa began her own entrepreneurial journey in 2009, during her final year of engineering. 'This is a full-circle moment for me,' she added. 'I started in a dorm room with nothing but an idea and ambition. To now back students chasing bold ideas — that's the most meaningful chapter of my career.' Today's student founders aren't limited to elite institutions. They're emerging from Tier 2 and Tier 3 colleges, small towns, and unconventional backgrounds. Many are college dropouts who've chosen to build. As knowledge becomes more accessible, Fund III aims to democratize access to capital. 'The next unicorn may not come from Silicon Valley or Bengaluru — it might come from a hostel room in Bhopal or a garage in Surat,' Richa added. Campus Fund operates with a network of 100+ student scouts across universities and evaluates over 7,000 startups annually. Fund III will invest in up to 60 startups over the next four years, writing initial cheques ranging from Rs. 1 crore to Rs. 8 crore, with 50% of the fund earmarked for follow-on investments. Campus Fund has previously backed companies such as Expand My Business (managed marketplace for Digital Services), Digantara (space situational awareness), EtherealX (fully reusable rockets), Sama (online dispute resolution), D-Nome (decentralized genomics infrastructure), Sarla (flying taxis), GreenGrahi (insect protein), among many others. Several of these startups have gone on to raise follow-on capital from marquee global investors, including Peak XV Partners, Accel, a16z, AlphaWave, and DST Global. Fund III is supported by a diverse mix of family offices, successful entrepreneurs, industrialists, and financial institutions — including 360 One — with many Limited Partners re-upping after Fund II. Notable backers include Kanwaljit Singh, Founder of Fireside Ventures; Bharat Shah, Co-founder of HDFC Bank; Jaimin Bhatt, former Group CFO of Kotak Mahindra Bank; Asha Jadeja Motwani, first investor in Google; and Sameen Farooqui, Global Head of FX at Deutsche Bank. With this momentum, Campus Fund cements its position as India's most active early-stage backer of youth-led innovation — and a bold blueprint for venture capital in emerging markets. Backing student and dropout founders is no longer just a visionary bet — it's one of the smartest investments of this decade. The returns are not just financial, but generational.
Time of India
21-06-2025
- Business
- Time of India
Campus to invest $100 million in student companies
This is an AI-generated image, used for representational purposes only. BENGALURU: Campus Fund, a venture capital firm focused on student and dropout-led startups, announced a $100 million third fund, its largest to date. The fund completed its first close with more than 50% of the capital already committed and began deploying capital with two investments already made. Founded by Richa Bajpai, Campus Fund is registered as a Sebi Category II AIF and exclusively invests in founders who are in university, have dropped out of college, or graduated within the past three years. The firm evaluates over 7,000 startups annually through a network of over 100 student scouts and plans to back up to 60 startups through Fund III over the next four years. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
