Pantera Capital is about to launch its fifth venture-style fund in 2025, providing co-investment choices to LPs with commitments of $25 million or extra.
Californian crypto enterprise big Pantera Capital is about to launch its fifth venture-style fund in 2025, granting $25 million restricted companions co-investment rights in key blockchain offers.
In an electronic mail announcement seen by crypto.information, the Menlo Park-headquartered enterprise capital agency stated that its new Pantera Fund V will supply traders publicity to a broad spectrum of blockchain property, persevering with the agency’s decade-long technique of allocating capital throughout enterprise fairness, early-stage non-public tokens, and locked-up treasury tokens.
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Pantera says LPs committing $25 million or extra will achieve co-investment rights, permitting them to take part in no less than 10% of every enterprise fairness, non-public token, and particular alternative deal valued over $10 million. This co-investment possibility comes with out administration charges or carried curiosity. Pantera has additionally indicated it’ll endeavor to supply co-investment alternatives, on a capacity-available foundation, to different LPs, albeit with a 1/10% payment.
The enterprise capital big added that LPs may select between investing solely in enterprise offers or diversifying into extra illiquid property, together with non-public tokens and treasury tokens.
Pantera positions Fund V as a continuation of its Pantera Blockchain Fund IV, launched in 2021, which served as a “wrapper” for your entire blockchain asset class. The agency, recognized for its pioneering function in crypto investments, goals to lift $1 billion for the brand new fund, with the primary closing anticipated in April 2025.
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