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Valiant’s New VC Fund Has First Close

The value of the Tiger Grandcub’s private investment portfolio surged in the first half of the year.

Valiant Capital Partners completed the first close for its newest venture capital fund.The Tiger Grandcub said it received commitments totaling more than half of its $250 million target for Valiant Peregrine Fund II, according to the firm’s second-quarter letter obtained by Institutional Investor.The new fund is expected to begin investing

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