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Update
What changedBloomberg reports that Disruptive’s $10bn fund will invest in AI, defence and software, and that the raise has doubled the firm’s assets under management.
The report also describes a shift in how the 15-year-old Dallas investment firm operates: from single-deal special-purpose vehicles to a discretionary fund structure.
That adds a useful distinction to the fund’s headline size. Disruptive is not only assembling large cheques for later-stage companies; Bloomberg says it is changing the vehicle through which it makes investments.
Sources and evidence- Dallas-based Disruptive raised $10B to invest in AI, defense, and software, doubling its AUM, and pivots from single-deal SPVs to a discretionary fund structure (Natasha Mascarenha: Bloomberg reports that Disruptive raised a $10bn fund for AI, defence and software, doubling its AUM, and is moving from single-deal SPVs to a discretionary fund structure.
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