Altimeter targets $2.5 billion fund for late-stage companies

Published Monday, November 9, 2026 · 10:07 PM EST

Altimeter Capital Management is targeting a $2.5 billion venture capital fund for late-stage, pre-IPO companies, Bloomberg reported, citing securities filings and a person familiar with the matter. The OpenAI and Anthropic investor is also discussing raising around $800 million to $900 million for a separate venture fund backing younger startups, the person said.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

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