Durham-based Idea Fund Partners is doubling the stakes with its fourth fund.
The investment firm on Thursday filed papers with the U.S. Securities and Exchange Commission for what it’s calling IDEA Fund IV. While zero dollars have been closed so far, the filing puts the fund’s target at $50 million – double the amount of the company's Fund III.
Managing Partner John Cambier declined to comment on plans for the new fund.
The vehicle follows Fund III, which closed in 2020 at $25 million.…
