Opus Capital today announced it has closed its new fund with over $280 million in commitments. The target size for the fund was $250 million, with an initial closing in April and its second and final closing in May.

With the closing of this Fund, the Opus Capital general partnership manages both the Opus Capital fund as well as the Weiss, Peck & Greer Venture Partners funds.

INFO SOURCES

Opus Capital

FIRMS

Opus Capital is a venture capital firm with more than $1 billion capital under management, investing in committed, high integrity entrepreneurs building early-stage technology companies. The team has participated in the successful outcomes of more than 80 companies (including 50 IPOs) in the U.S. and in Israel including AirGate PCS, Electronics for Imaging, FedEx, Genesys, Harmonic, Precept Software and Vantive. Opus Capital is headquartered on Sand Hill Road in Menlo Park, California.

INVESTORS INCLUDE

The Opus Capital fund includes returning limited partners such as Grove Street Advisors on behalf of CalPERS, Aon Pension Plan and VenCap International, as well as new investors including the Oregon State Treasurer's Office, Mesirow Financial Private Equity, Northern Trust, Portfolio Advisors and DuPont Capital Management.