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Phoenix Group
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A16z is targeting around $20B for its largest-ever fund #A16z aims to raise approximately $20B for its largest-ever fund, focused on investing in growth-stage #AI companies in the U.S. To secure such a large amount of capital, a16z has been pitching the fund globally. International limited partners see the fund as a way to invest in American AI companies more easily and without restrictions. The new fund is in its initial phase, and closing may take several months. šŸ‘‰ reuters.com/business/finance/andreessen-horowitz-seeks-raise-20-billion-megafund-amid-global-interest-us-ai-2025-04-08/
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