AXIOS April 15, 2024
Kia Kokalitcheva

On Friday, Andreessen Horowitz closed $7.2 billion for its newest set of funds, Axios has learned.

Why it matters: Even in a muted fundraising environment, legacy firms can beat their own fundraising goals (a16z’s marketing had cited a $6.9 billion target).

Zoom in: As Axios previously reported, the firm created a masterfund vehicle, though limited partners are not required to invest through it.

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