Tonsing’s Caffeinated Capital launches second vehicle with $50m target


Ray TonsingRaymond Tonsing’s Caffeinated Capital has hit the fundraising trail with the launch of its second vehicle, targeting $50m.

The fund is yet to receive any commitments according to filing with the US Securities and Exchange Commission.

AltAssets reported back in 2013 that Tonsing’s first Caffeinated Fund had hit the halfway point, bringing in $7.8m towards the $15m target.

San Francisco-based entrepreneur and venture capitalist Raymond Tonsing launched its Orange Wall Ventures Fund in 2011 with a $2.15m target according to a separate filing.

Tonsing is also a partner at secondaries-focused Akkadian Capital, where he sources and closes investments.

Prior to launching Orange Wall and Caffeinated Tonsing helped develop energy industry information platforms Energy Central and Rigzone, and is also the founder of real estate investment company Tonsing Properties.

Copyright © 2015 AltAssets

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