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In
January 2016, the firm announced Norwest Venture Partners XIII, a $ 1.2B fund, and Wells Fargo was the sole investor in this fund. In February 2018, the firm announced Norwest Venture Partners XIV, a $ 1.5B fund, in which Wells Fargo is a major investor. In November 2019, the firm announced
310:
350:. Zicarelli retired in 1988 and was succeeded by Daniel Haggerty who retired in the 1990s. George J, Still, Jr. (now partner emeritus) and Promod Haque took over as managing partners in 1994.
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In
December 2021, the firm announced Norwest Venture Partners XVI, a $ 3B fund, bringing its total capital under management to $ 12.5B.
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In April 2024, the firm announced NVP XVII, LP, a $ 3B fund, bringing
Norwest's total capital under management to $ 15.5B.
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The
Northwest Growth Fund grew under the leadership of CEO Robert Zicarelli, including the opening of an office in
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124:) is an American venture and growth equity investment firm. The firm targets early to late-stage venture and
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498:"Norwest Launches $ 3 Billion Fund NVP XVI to Empower Visionary Leaders Creating Businesses for the Future"
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Norwest
Venture Partners XV, a $ 2B fund, bringing its total capital under management to $ 9.5B.
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911:"Norwest unveils a $ 3 billion fund, which is nearly one-fourth the capital it has ever raised"
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1018:"Internet of Things sensor startup Wiliot pulls in $ 200 million from SoftBank Vision Fund"
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Richard
Florida (Carnegie Mellon University) and Martin Kenney (Ohio State University).
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859:"Kendra Scott's $ 1 billion empire: PE firm buys into jewelry business at big valuation"
833:"Upstart banking company Dave is now worth $ 1 billion, as Norwest puts in $ 50 million"
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760:"Exclusive: Norwest Venture Partners has closed its $ 3 billion seventeenth fund"
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Old Money
Chasing the New; Seeing Windfalls, Big Banks Finance Start-Ups Again
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940:"Norwest closes its 15th fund with $ 2 billion - its biggest vehicle to date"
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732:"Here are the big winners in Workday's $ 1.6B purchase of Adaptive Insights"
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1093:"The Top 25 Private Equity Firms for Growth Companies of 2021 | GrowthCap"
992:"Udemy Raises $ 32M to Teach 'Lifelong Learners' Online, Around the World"
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483:. April 26, 2024 – via The Economic Times - The Times of India.
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Norwest Raises Third
Consecutive $ 1.2 Billion Fund in Five Years
357:(and Norwest Corporation before Wells Fargo merged with Norwest).
779:"How Luxury DTC Brand Senreve Found Growth In Asia Amid Pandemic"
626:
Venture firm
Norwest raises $ 1.5 billion fund, its largest ever
573:"George J Still, Stillwater Growth Corp I: Profile and Biography"
407:
966:"Talksapce online therapy platform raises $ 15 million Series B"
807:"Elevator Pitch: Norwest's Promod Haque is the $ 35 billion man"
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1069:"VCJ 50: The top venture fundraisers of 2021 are making waves"
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EXECUTIVE CHANGES: Norwest
Venture Capital Management
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Venture Capital and High Technology Entrepreneurship
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Norwest Venture Partners forms new early-stage fund
885:"Online real estate company Opendoor raises $ 210M"
729:
16:American venture and growth equity investment firm
1722:Financial services companies established in 1961
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445:Top 25 Private Equity Firms for Growth Companies
1044:"The Top 146 Founder-Friendly PE and VC Firms"
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128:investments across several sectors, including
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1137:. San Jose Business Journal, April 17, 2006
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375:Notable investments for Norwest include:
1717:Companies based in Palo Alto, California
1153:. The New York Times, December 24, 1999
481:"Norwest raises $ 3 billion global fund"
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831:Jonathan Shieber (September 30, 2019).
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562:. The New York Times, November 28, 1988
550:. Elsevier Science Publishing Co, 1988
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1113:"PEI 300 | Top private equity firms"
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730:Cromwell Schubarth (June 11, 2018).
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79:Promod Haque, Jeff Crowe, Jon Kossow
1067:Goldfisher, Alastair (2021-11-01).
938:Connie Loizos (November 14, 2019).
909:Connie Loizos (December 14, 2021).
883:Kyle Tibbitts (November 30, 2016).
857:Will Anderson (December 22, 2016).
805:Peter DeLevett (January 20, 2014).
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711:Temkin, Marina (April 25, 2024).
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439:Inc. Founder Friendly Investors
240:and the venture capital bubble)
47:Venture Capital + Growth Equity
1610:Lazard Alternative Investments
1581:Goldman Sachs Capital Partners
1478:Baring Vostok Capital Partners
964:Jordan Crook (June 14, 2016).
664:"Our Newest Fund is Sweet XVI"
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1117:Private Equity International
990:Lora Kolodny (May 8, 2014).
629:, Reuters, February 14, 2018
590:Bolista, Phil (2010-07-01).
7:
1682:William Blair & Company
1287:Private equity in the 2000s
1282:Private equity in the 1990s
1277:Private equity in the 1980s
1016:Mike Freeman (2021-07-27).
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10:
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1622:Trilantic Capital Partners
323:Northwest Venture Fund, a
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1508:Trimaran Capital Partners
1460:Ridgemont Equity Partners
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526:Norwest Venture Partners
502:Norwest Venture Partners
118:Norwest Venture Partners
20:Norwest Venture Partners
1687:Chicago Growth Partners
1596:HPS Investment Partners
1543:Diamond Castle Holdings
1538:Avista Capital Partners
1469:Barclays Private Equity
1073:Venture Capital Journal
1023:San Diego Union Tribune
863:Austin Business Journal
1343:Institutional investor
640:"NVP XV Our $ 2B Fund"
150:Menlo Park, California
134:information technology
1386:Venture capital firms
1368:Sovereign wealth fund
353:Norwest's main LP is
1528:CVC Capital Partners
1498:Irving Place Capital
1450:AAC Capital Partners
1381:Private equity firms
596:Twin Cities Business
156:and subsidiaries in
1601:One Equity Partners
1435:(current and prior)
1391:Portfolio companies
1222:Investment strategy
996:Wall Street Journal
333:Norwest Corporation
204:(origins of modern
182:and venture capital
148:. Headquartered in
97:Number of employees
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1558:First Chicago Bank
1503:CIBC World Markets
286:COVID-19 recession
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1662:Lightyear Capital
1637:Nomura Securities
1632:Metalmark Capital
1553:MidOcean Partners
1518:Metalmark Capital
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766:. April 25, 2024.
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