Issue link: http://endeavor.uberflip.com/i/974970
5 7 Final Close of Fund II "We could not be happier or more proud of our incredible investor base and Endeavor Catalyst community," says Jackie Carmel, Managing Director of Endeavor Catalyst. "e 158 investors join the 100 existing Endeavor Catalyst I investors, bringing Endeavor Catalyst's assets under management to over $115mm." "Much like Endeavor itself, Endeavor Catalyst started with a crazy idea: that we could build a vehicle that would both support our highest-impact entrepreneurs through investment while also sustaining Endeavor as an organization. As we close Fund II, counting many Endeavor Entrepreneurs among our investors, I am encouraged by our success to date and look forward to watching this crazy idea continue to unfold." said Endeavor Co-founder and CEO Linda Rottenberg. Endeavor Catalyst II was launched at the 7th Annual Global Entrepreneurship Summit hosted in Palo Alto and is anchored by a $10 million investment from Reid Hoffman, Co-founder of LinkedIn and Partner at Greylock. Fund II held its first close in January 2017 and made its first investment in March 2017 following the full deployment of Fund I. "We're continuing to see that great entrepreneurs from across the globe can attract top-tier equity investors," shared Allen Taylor, Managing Director of Endeavor Catalyst, noting that world-class firms like TPG Growth and Sequoia Capital have been active co-investors with Endeavor. "Latin America continues to be a very active market for us—Brazil, Mexico, Colombia and Argentina, in particular," said Taylor. "But this is becoming a truly global fund— with investments from Jakarta to Beirut to Cape Town to Detroit!" Indeed, Endeavor Catalyst has been one of the most active international funds in Latin America for some time, and was recently recognized as one of the most active international funds in the Middle East. Fund II is officially closed with nearly $85 million in commitments. Fund II boasts 158 Limited Partners from 25 Endeavor local offices, of which 52 are Endeavor Entrepreneurs and 28 investors have invested at the $1 million+ Leadership Level. z Endeavor Co-founder and CEO Linda Rottenberg led an on-stage discussion with Endeavor Board Member and Endeavor Catalyst Investor Reid Hoffman at the 2017 Endeavor Catalyst Investor Meeting.