Understanding Granite Global Ventures and Its Rebranding

Granite Global Ventures has undergone a significant rebranding effort, which has left some people wondering what this means for the company and its stakeholders. The rebranding is a result of the company's evolution and growth over the years.

The company's mission and values remain the same, with a focus on innovation and customer satisfaction. Granite Global Ventures has a strong presence in various markets around the world.

Granite Global Ventures' rebranding effort is aimed at refreshing its image and better reflecting its current state.

A unique perspective: Where Does Granite Come From?

Granite Global Ventures has raised a $400 million fund, significantly larger than its previous $230 million fund raised in 2004.

The firm's internal rate of return is a net 41.7 percent, a strong performance compared to the rest of the industry.

This impressive return has been achieved over the past five years, with the fund's worth growing annually by 41.7 percent.

Discover more: The Icelandic New Business Venture Fund

Notable Capital, led by Hans Tung, is headquartered in Menlo Park and retains a stronghold in the US, Europe, and Latin America.

The team has a portfolio boasting household names like Airbnb and Coinbase, and they remain steadfast in their pursuit of groundbreaking opportunities.

Notable Capital is a result of GGV Capital's strategic split, initiated six months ago, which signifies a pivotal moment for the renowned firm.

The firm's combined asset base is over $9 billion, marking the dawn of a new era in global venture capital.

Granite Global Ventures, a venture capital firm, has managed a significant amount of funds across various funds. Here are some key facts about the funds they've managed.

Granite Global Ventures III LP is a venture capital fund with a committed capital of $400 million. It's a USD-denominated fund with a vintage year of 2006 and an internal rate of return (IRR) of 17.20%.

The fund's multiple (x) is 2.30, indicating a return on investment that's 2.30 times the committed capital. This fund is a notable example of Granite's ability to manage large funds.

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Granite Global Ventures II LP is another venture capital fund managed by the firm. It has a committed capital of $230 million, a USD-denominated currency, and a vintage year of 2004. The IRR for this fund is 5.90%.

Here's a summary of the funds managed by Granite Global Ventures:

L.P funds are typically private investment vehicles, and they often have specific minimum investment requirements.

The minimum investment for Granite Global Ventures L.P. is $27020, which is a significant amount of money.

Management owns a significant portion of the fund, with a 38 percent stake.

This means that the people running the fund have a vested interest in its success, which can be a good thing for investors.

A fresh viewpoint: Investment Contract for Small Business

Granite Global Ventures relies on the Reg D exemption, which is a common regulatory framework for private funds.

The fund is structured as a master fund, meaning it serves as a parent fund for other investment vehicles.

Management owns a significant 38% of the fund, indicating a substantial level of control and influence.

The fund has minimal non-US ownership, with just 6% of its ownership held by non-US entities.

Check this out: Equity Ownership Agreement