Venture Capital Journal PALO ALTO, Calif. — Prospect Venture Partners, a first-time effort by Kleiner Perkins Caufield & Byers alumni Alex Barkas and David Schnell, had such success in fund raising that the partners were bashful about acknowledging their success. The pair targeted their first fund at $75 million (VCJ, August 1997, page 8), […]
Venture Capital & Health Care Journal Prospect Management Co., LLC, Palo Alto (Prospect Ventures), has closed its debut fund at $100 million, which is $25 million above target. Prospect Venture Partners’ partners, Alexander E. Barkas and Dr. David Schnell, last year left Kleiner, Perkins, Caufield & Byers, Menlo Park, to create an investment […]
The Private Equity Analyst When two partners of Kleiner Perkins Caufield & Byers decided last spring to go out on their own, they found an unexpected suitor seeking their fund-raising business: Merrill Lynch & Co.’s Private Equity Group. Sure, the Merrill group is one of the biggest partnership placement agents around, but the New […]
Venture Capital Journal MENLO PARK, Calif. — A pair of Kleiner Perkins partners have formed their own Silicon Valley venture firm, leaving the venerable partnership after five years. Alexander Barkas and David Schnell formally departed June 30 to form Prospect Venture Partners, according to Brook Byers, a partner at Kleiner Perkins Caufield & Byers. […]
THE PRIVATE EQUITY ANALYST Two partners of Kleiner Perkins Caufield & Byers have left the Menlo Park, CA-based venture capital firm to form a venture firm that will invest exclusively in young health care companies. Alexander E. Barkas and David Schnell, M.D. have formed Prospect Management Co., LLC, Palo Alto, CA, which is seeking to […]