Addition was founded in 2020 by Lee Fixel after his legendary tenure as head of private equity at Tiger Global, where he led investments in Facebook, Spotify, Uber, and Flipkart. The fundraising trajectory tells the story of LP demand: Fund I at $1.3B (June 2020), Fund II at $1.4B, Fund V at $1.5B (2023), reaching $7B+ AUM in just four years. The strategy splits roughly one-third early-stage and t...
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