Coverage dated November 9, 2026 to November 10, 2026

AI investor Altimeter Capital is targeting $2.5 billion for a new venture fund

Headline from Quartz

The firm is in talks to raise $800 million to $900 million for a second fund backing younger startups, according to Bloomberg

Quartz's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

2 articles, oldest first.

  1. Bloomberg

    OpenAI Backer Altimeter Targets More Than $3 Billion for Private Markets Funds (opens Bloomberg)

    Published

    Bloomberg's feed description

    Altimeter Capital Management, a prominent OpenAI and Anthropic PBC investor, is raising a set of new funds for its private markets investment work.The firm is targeting a $2.5 billion new venture capital fund to back late-stage, pre-IPO companies, according to securities filings and a person familia…

  2. Quartz

    AI investor Altimeter Capital is targeting $2.5 billion for a new venture fund (opens Quartz)

    Published

    Quartz's feed description

    The firm is in talks to raise $800 million to $900 million for a second fund backing younger startups, according to Bloomberg

AI investor Altimeter Capital is targeting $2.5 billion for a new venture fund | Since Then