What's New In Investments, Funds? – GoalVest Advisory

Editorial Staff

15 August 2025

GoalVest Advisory
The female-founded RIA GoalVest Advisory, and its venture capital firm – GoalVest Venture Capital – have announced the first close of GoalVest Venture Growth Fund II, targeting a $50 million raise.

About 60 limited partners are involved in the fund, the organizations said in a statement yesterday.

GoalVest trumpeted the performance of its first fund ; it has chalked up top decile performance for internal rate of return in its vintage class, GoalVest said, citing fourth-quarter figures from Pitchbook. As of the second quarter of this year, Fund I’s net IRR stands at 40 per cent since April 2022, beating the Forge Private Market Index), which fell about 30 per cent over the same period.

GoalVest said it launched its growth-stage venture platform in response to the “hype-driven market” of 2020 to 2021, noting that traditional VC models were no longer meeting what investors wanted.

“We listened to our LPs and built the fund they asked for – faster distributions, lower fees, and more co-investments,” Blair Cohen, managing partner of GoalVest Venture Capital, said. “This is how the next wave of venture capital will look.”

GoalVest Venture Capital is a division of GoalVest Advisory LLC, an RIA managing more than $650 million in AuM.