# TrueBridge Capital Partners

> TrueBridge Capital Partners is a venture-focused alternative asset manager that has invested exclusively in the venture ecosystem since 2007. From Chapel Hill, North Carolina, it backs access-constrained VC and seed funds, invests directly alongside them in technology companies, and runs strategies spanning secondaries and blockchain - more than $7.5 billion in assets. It is also the data engine behind Forbes' annual Midas List, which ranks the world's top venture investors.

- **Founded:** 2007
- **Headquarters:** Chapel Hill, North Carolina, United States
- **Founders:** Mel Williams (Co-Founder and General Partner), Edwin Poston (Co-Founder and General Partner)
- **Team size:** ~56 employees
- **Products:** Fund of Funds (Flagship), Seed & Micro-VC Funds, Direct Investments, Secondaries, Blockchain
- **Notable:** Grew to more than $7.5 billion in assets under management since founding in 2007, Raised $1.6 billion across five distinct venture vehicles in May 2024, Runs the data model behind Forbes' Midas List and has done so since 2011

## Products & services

- **Fund of Funds (Flagship)** — Core strategy investing in top-tier, access-constrained venture capital funds on behalf of limited partners. Fund VIII closed at $884 million.
- **Seed & Micro-VC Funds** — A dedicated strategy backing emerging seed and micro-VC managers at the earliest stage of the venture ecosystem. Seed & Micro-VC II closed at $189 million.
- **Direct Investments** — Direct co-investments into mid- to late-stage technology companies alongside premier venture managers. Direct Fund III closed at $253 million.
- **Secondaries** — A dedicated fund acquiring secondary LP stakes in venture funds, giving limited partners liquidity in a growing market. Secondaries I closed at $230 million.
- **Blockchain** — A dedicated fund for blockchain and digital-asset investments, an area TrueBridge entered early with Coinbase. Blockchain I closed at $62 million.
- **Forbes Midas List (data partnership)** — TrueBridge is the data engine that collects submissions and runs the model to rank the world's top venture investors for Forbes' Midas List, Midas List Europe, Midas Seed List and Next Billion-Dollar Startups.

## Achievements

- Grew to more than $7.5 billion in assets under management since founding in 2007
- Raised $1.6 billion across five distinct venture vehicles in May 2024
- Runs the data model behind Forbes' Midas List and has done so since 2011
- Early direct investment in LifeLock (2008) and an early blockchain position in Coinbase
- Acquired by P10 Holdings for approximately $190 million in 2020
- Launched dedicated secondaries and blockchain funds, expanding to five strategies

## Latest updates

- **2024-05** — Closed $1.6 billion across five vehicles - Fund VIII ($884M), Seed & Micro-VC II ($189M), Direct Fund III ($253M), Secondaries I ($230M) and Blockchain I ($62M) - pushing AUM past $7.5 billion.
- **2026-01** — Forbes opened submissions for the 2026 Midas List, again produced in partnership with TrueBridge.

## Links

- Website: https://truebridgecapital.com
- LinkedIn: https://www.linkedin.com/company/truebridge-capital-partners
- Twitter/X: https://twitter.com/truebridgecp

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Profile page: https://yespress.io/truebridge-capital-partners
Published by YesPress — https://yespress.io
Last updated: 2026-08-15