Frontier Capital, a growing investment firm with a focus on emerging technology companies, is launching a drive to raise a new private equity fund.
And the Charlotte-based outfit is aiming high, looking to land $500 million.
The disclosure came Thursday in a securities filing.
The fund is titled Frontier Fund 5.
Its Fund 4 closed with $390 million in 2015.
In 2012, Frontier raised $250 million.
Richard T. Maclean, Frontier’s general partner, signed the filing.
No money has yet been raised for the “pooled investment fund.”
Frontier Capital has been making investments since 1999. It has a portfolio of more than 40 investments.