Athena Capital Seeks $500 Million for Private, Public Fund Bets

Athena Capital, the firm founded by Isabelle Freidheim, is seeking to raise $500 million for an equity and debt capital fund.

The fund led by Freidheim, a venture capitalist and chair of three blank check firms, plans to invest in both private and public mission-driven companies, according to people with knowledge of the matter who asked not to be named discussing private information.

Isabelle Freidheim

Source: Nasdaq

New York-based Athena Capital will invest in public firms through public equity products and private companies before they exit through initial public offerings, takeovers or mergers with special-purpose acquisitions companies, the people said. ...