Monday, December 14, 2009

Cendana Capital Launches Fund-of-Funds

San Francisco-based Cendana Capital said today that it has launched a new, fund-of-funds investing in private equity, headed by Michael Kim, most recently partner at venture firm Rustic Canyon Partners. According to Kim, the new San Francisco firm will invest in both non-traditional private equity and venture capital investments. Kim was also previously a trustee of the $13 billion San Francisco Employees Retirement System.