Technology-focused investment firm RRE Ventures is seeking $250m for its sixth fund.
RRE Ventures VI does not have a placement agent and has yet to register its first investment, the New York-bssed firm revealed in a document filed with the US Securities and Exchange Commission.
The new fund follows RRE’s fifth vehicle, which was closed with commitments of $230m in 2012, falling short of its $250m target.
The previous fundraise took less than six months to complete, according to regulatory filings.
RRE V was backed by corporate funds, financial service and insurance companies, family offices, endowments, foundations and individual investors based in the US, Europe, Asia and the Middle East.
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