Endeavor Catalyst, the venture fund of New York-based entrepreneurship network Endeavor, said it closed Fund V at US$320 million on October 7.

The fund invests only in companies led by Endeavor Entrepreneurs, alongside venture capital and growth equity firms.

The firm said the close brought its assets under management to more than US$850 million.

It added that Fund V has already deployed US$55.7 million.

In Asia, Endeavor Catalyst said it has invested US$46.8 million across 44 companies in six markets.

The firm said Asia is a priority for Fund V’s pipeline. Endeavor Catalyst previously announced a fund of more than US$290 million.

🔗 Source: Endeavor Catalyst