Peakview Capital Closes $500M+ Fund to Invest in Other VCs

Peakview Capital, a Menlo Park, CA-based hybrid venture capital fund and investor in many top US venture capital firms, has closed its latest fund, bringing its total raised to more than $500 million.

Led by Erik Lassila, Managing Partner, Peakview Capital specializes in investing and deploying capital in concentrated portfolios of top performing VC firms and makes direct investments in technology startups across various industries.

“We are delighted to announce the launch of our newest investment vehicle, focused on providing optimal risk-adjusted returns with our concentrated strategy across what we view as best of the best venture capital funds,” said Lassila.

Separately, the firm added venture capital veterans Tyler Hartsock and Kevin McQuillan as Partners. Most recently he was a partner at Next Play Capital, where he served on the investment committee and led its fund partnership investment practice and emerging manager strategy. McQuillan was co-founder and general partner at Focus Ventures.

The firm also added Nicole de Moulpied as Director of Marketing. De Moulpied has held various sales and marketing positions at Ansys, Inc. and Clearstone Venture Partners.