LOS
ANGELES, June 26, 2024 /PRNewswire/
-- LA-based Venture Capital firm Group 11 was named #1 Top
Performing Venture Capital Fund Manager in America and #1 Top
Performing Venture (General) Fund Manager in America by Preqin.
The Awards recognize market leaders and top industry performers
across hedge funds and private capital that are shaping and
transforming the alternative assets industry globally.
Christoph Knaack, Chief Executive
Officer of Preqin, said, "At Preqin, we strive to make the
alternative assets industry more transparent through our rigorous
collection and verification of data, as achieved by combining
cutting-edge technology with extensive relationship building
conducted by our team of almost 500 researchers globally."
The Preqin Awards spotlight the exceptional performance of Group
11, particularly in comparison to other firms. This accolade
underscores the firm's robust investment thesis, meticulous
portfolio management, value creation, and unwavering commitment to
delivering value to its investors.
Dovi Frances, Founding Partner of
Group 11, stated, "I am deeply honored to be recognized as the #1
Top Performing Venture Capital Fund Manager in America and the #1
Top Performing Venture (General) Fund Manager in America by Preqin.
Since founding our firm 10 years ago, we have chosen to stand out
by being sector-specific, agile, heavily investing in
Israeli-related tech, and publicly sharing our performance insights
through in-depth macro-research. Our distinct approach continues to
define us. This achievement would not have been possible without
the support of our LPs, our talented founders and portfolio
companies, and, of course, my incredible team."
Group 11's consistent success in generating strong returns
solidifies its reputation as a trusted partner for entrepreneurs
seeking capital and strategic guidance, and as a leading venture
capital firm for investors seeking exceptional returns.
About:
Group 11 invests in visionary entrepreneurs who
are utilizing the unstoppable momentum of AI and FinTech to redraw
the landscape of their respective industries. With a goal of
creating change across generations and building long term value
through technology, Group 11 has emerged as a coveted partner to
veteran entrepreneurs at the forefront of their fields.
Since its inception in 2012, the top quartile firm has deployed
over $600 million across six funds
and 14 SPVs in some of the world's most prominent and disruptive
technology companies, including: Tipalti, Navan, Next Insurance,
HomeLight, Sunbit, Masterschool, Healthee, Dream, and
BridgeWise.
To learn more: www.group11.vc
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SOURCE Group 11