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5 articles summarized · Last updated: LATEST

Last updated: June 6, 2026, 11:30 AM ET

Fundraising & Deals

TJC secures $8.5 billion for its seventh flagship fund, Resolute Fund VII, targeting mid- and upper-mid-market opportunities in North America, while Mill Point acquires industrial products distributor Total Safety Supplies & Solutions Inc to expand its industrial portfolio.

Tech & Venture Capital

Reid Hoffman shifts from Microsoft's board after a profitable decade to focus on his AI drug discovery startup Manus amid mega funding rounds in enterprise software, AI, and space sectors, with founders sharing VC horror stories on social platforms highlighting tensions in venture capital relationships.