DJIA51472.34 309.94
S&P 5007802.56 46.64
NASDAQ27327.18 157.13
Russell 20002805.48 17.19
German DAX25102.34 279.29
FTSE 10010549.59 107.99
CAC 407803.33 73.64
EuroStoxx 506176.15 53.80
Nikkei 22569030.92 -11.19
Hang Seng24211.35 425.56
Shanghai Comp3813.79 1.89
KOSPI6625.93 -177.97
Bloomberg Comm IDX144.38 0.52
WTI Crude-fut104.30 -0.14
Brent Crude-fut91.71 0.23
Natural Gas3.21 0.05
Gasoline-fut3.31 -0.02
Gold-fut4218.20 70.20
Silver-fut61.20 1.94
Platinum-fut1696.10 51.20
Palladium-fut1153.00 25.50
Copper-fut6.69 0.12
Aluminum-spot3195.00 0.00
Coffee-fut286.60 -1.25
Soybeans-fut1278.00 -8.50
Wheat-fut668.25 -15.25
Bitcoin82900.33 1463.47
Ethereum USD2490.32 43.67
Litecoin63.25 1.04
Dogecoin0.08 0.00
EUR/USD1.1184 -0.0007
USD/JPY158.38 0.41
GBP/USD1.3217 -0.0009
USD/CHF0.8333 -0.0007
USD IDX102.27 0.10
US 10-Yr TR5.248 0.015
GER 10-Yr TR3.4829 -0.0026
UK 10-Yr TR5.4478 0
JAP 10-Yr TR3.047 0.033
Fed Funds4 0
SOFR3.87 -0.01
Connect News Money news for every market and every facet, every day.
Connect Money Events Live and virtual events bringing together the best of information and networking.
Financial Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Awards View the A-list of money & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for clear, concise news of maximum importance to the financial services industry.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Topics

Alternative Assets  + VC  |  January 4, 2023
Venture Firm M33 Growth Closes Third Flagship Fund at $340M
Joe Palmisano
By: Joe Palmisano

Venture Firm M33 Growth Closes Third Flagship Fund at $340M

Venture and growth stage investment firm M33 Growth announced it closed its oversubscribed third fund at $340mn in December.

Led by Michael Anello, Gabe Ling and Brian Shortsleeve, the Boston-based firm partners with founders and CEOs who have successfully bootstrapped their companies to strong growth and are positioned to rapidly scale their companies and break through as market leaders.

With experience in sales and marketing engines, driving acquisitions and building value through data assets, M33 Growth seeks to propel portfolio companies to success in their markets.

“We seek to back gritty founders who have built software companies in verticals often underserved by contemporary technology that are ripe for disruption,” said Shortsleeve.

The latest fund follows the firm’s $260 million Fund II that closed in early 2020, and its $180 million debut Fund I that closed in late 2017. Since its debut Fund I, M33 Growth has invested in 16 companies across a range of end-markets.

Connect

Inside The Story

M33 Growth

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
Order Reprints