Fintech-focused venture firm MiddleGame Ventures has secured S&P Global as a limited partner for an early-stage fund expected to close at $165m next year.

US-based, financial technology-focused venture capital firm MiddleGame Ventures has raised an undisclosed sum from limited partners including financial data provider S&P Global for the first close of its fund.

MGV Venture Fund I has a €150m ($165m) target for its final close and is anchored by the European Union-owned European Investment Fund and state-owned Luxembourg Future Fund.

The LP list includes undisclosed strategic, institutional and family investors and the vehicle remains open to institutional and private investors ahead of a…