- March Capital Partners recently filed a Form D with the SEC disclosing that it is planning to raise $410 million for Fund III
Santa Monica-based venture capital firm March Capital Partners recently filed a Form D with the SEC disclosing that it is planning to raise $410 million for Fund III with a target of $410 million, according to Crunchbase. This would be March’s largest fund to date if the target is reached. The previous fund had closed at $300 million.
March Capital managing directors Sumant Mandal, Gregory Milken, and James Montgomery were listed in the filing. The Form D indicated that no capital was raised for Fund III yet, but venture firms typically submit regulatory disclosures right before receiving capital commitments. The fund is open to qualified purchasers, meaning wealthy family offices and institutional limited partners.
The Crunchbase profile of March Capital cites that the venture firm has made more than 60 investments. And March Capital has more than $500 million in assets under management. Some of March’s investments include CrowdStrike, Earnin, CarTrade, The Hive, and Xage. March Capital Partners typically invests in the Series A through Series C round.
