---
title: "NYC VC Fund Launch: Quartus Capital Closes $50M+ AI Fund for Growth-Stage Tech"
description: "New York-based Quartus Capital Partners closed its Quartus AI Fund LP at $50M+ on July 14, 2025, deploying into growth-stage AI ventures across healthcare, education, and logistics."
date: 2025-07-14T00:00:00.000Z
tags: ["nyc-vc-news", "fund-close", "new-york-funds", "venture-capital", "market-analysis"]
source: https://venturecapitaltracker.com/nyc-vc-fund-news-2025-07-14-quartus-ai-fund-50m
---

# NYC VC Fund Launch: Quartus Capital Closes $50M+ AI Fund for Growth-Stage Tech

> New York-based Quartus Capital Partners closed its Quartus AI Fund LP at $50M+ on July 14, 2025, deploying into growth-stage AI ventures across healthcare, education, and logistics.

Quartus Capital Partners closed **Quartus AI Fund LP at $50 million plus** on July 14, 2025 — a NYC-headquartered growth-stage AI vehicle backed by endowments, foundations, RIAs, and family offices.

## Key facts

- **Firm:** Quartus Capital Partners
- **Date announced:** July 14, 2025
- **Fund size:** $50M+ (final close)
- **Focus:** Growth-stage AI and technology ventures
- **Stage:** Growth (not early seed)
- **HQ:** New York City (+ Miami, Silicon Valley, Asia)
- **Founder:** Afzal M. Tarar (Founder & Managing Partner)
- **Benchmark:** Cambridge Associates; top quartile net IRR and TVPI

## Portfolio (9 companies during fundraise)

Deployed across healthcare, education, security, and logistics — capital was actively deployed while raising the fund.

## LP base

Endowments, foundations, RIAs, and family offices.

## Why this matters

Quartus represents NYC's **growth-stage AI fund** segment — distinct from inception funds like Boldstart or seed specialists like Betaworks. The top-quartile performance track record and institutional LP base signal maturation of NYC AI investing beyond early-stage.

## Sources

1. GlobeNewswire (July 14, 2025): https://www.globenewswire.com/news-release/2025/07/14/3114898/0/en/Quartus-Capital-Partners-is-Delighted-to-Announce-the-Final-Closing-of-Quartus-AI-Fund-LP-with-50-Million-Plus-in-Commitments.html