LOS ANGELES /PRNewswire/, June 26, 2024 — LA-based Venture Capital Firm Group 11 has been named #1 top performing Venture Capital Fund Manager and #1 top performing Venture (General Fund) Manager in America by Preqin.
The Awards recognize the top performers in the hedge fund and private capital industries who are transforming and shaping alternative assets globally.
Christoph Knaack is the Chief Executive Officer at Preqin. He said: “At Preqin we strive to make alternative assets more transparent by combining cutting edge technology with extensive relationship-building conducted by our global team of nearly 500 researchers.”
The Preqin Awards highlight Group 11’s exceptional performance, especially in comparison with other firms. This award highlights the firm’s strong investment thesis, meticulous management of its portfolio, value creation and unwavering commitment in delivering value to investors.
Dovi Frances is the Founding Partner of the Group 11. She stated: “I am deeply honoured to be recognized by Preqin as the #1 top performing Venture Capital Fund Manager and #1 top performing Venture (General) Fund manager in America. Since founding our firm ten years ago, we’ve chosen to stand out as sector-specific, agile and heavily investing in Israeli tech. We also share our performance insights publicly through in-depth research. Our unique approach continues to define our firm. This achievement would not be possible without the support from our LPs. Our talented founders and our portfolio companies and, of course my incredible team.”
Group 11’s success in generating strong return on investment solidifies its reputation as an investor-friendly venture capital firm and a trusted partner to entrepreneurs looking for capital and strategic advice.
AboutGroup 11, invests in visionary entrepreneurs that are using AI and FinTech’s unstoppable momentum to redraw their respective industries. Group 11 is a sought-after partner for veteran entrepreneurs who are at the forefront of their respective fields. They have a goal to create change across generations, and build long-term value through technology.
Since its founding in 2012, the top-quartile firm has invested over $600,000,000 across six funds and fourteen SPVs into some of the most prominent and disruptive tech companies in the world, including: Tipalti, Navan, Next Insurance, HomeLight, Sunbit, Masterschool, Healthee, Dream, and BridgeWise.
For more information: http://www.group11.vc
SOURCE Group 11