Tech Funds Shun VC Investments

Hedge funds and their VC arms have sharply scaled back activity in the fourth quarter.

Illustration by II

Illustration by II

Venture capital investing among tech-driven hedge funds and their VC arms has all but dried up in the fourth quarter.

At least three firms that were previously very active in the private space made no new investments in the quarter, while the rest sharply scaled back their activity.

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