TECH - Andreessen Horowitz Eyes Private Equity With New Fund Launch: Report | Benzinga
Andreessen Horowitz, the renowned venture capital firm, is reportedly gearing up to launch its first private equity fund, as per documents.
What Happened: The firm’s new private equity fund, named a16z Perennial Private Equity Fund, will be focused on the private equity asset class, as per the filings with the Securities and Exchange Commission in March.
However, the documents reviewed by Fortune do not disclose further details or a launch date. It remains unclear whether the fund will invest directly in companies or third-party private equity funds.
Andreessen Horowitz, also known as a16z, has been primarily known for its success in early-stage venture capital. The firm’s co-founders, Marc ...