SEATTLE – While other venture capital companies retrench in today’s market, Voyager Capital expects to grow and has settled into a new space the firms principals say should support future expansion.

Voyager Capital has relocated its headquarters to the Millennium Tower Building located at 719 Second Avenue from its former location at the Bank of America Plaza Building, 800 Fifth Ave. The larger office is intended to support the firm’s growth with Voyager Capital Fund II, a $215 million fund targeting investments in early stage enterprise software and services, Internet infrastructure, and wireless companies. Unlike many venture funds, which are retrenching in today’s market, more than half of Voyager’s Fund II is still available to invest in private companies.

Voyager expects to fuel the growth of 15 to 20 companies, providing between $10 and $12 million to each portfolio company over its lifetime. To date, Fund II has made investments totaling $39 million in seven companies including Checkspace, Inc., ClaimsDesk, Contivo, Inc., eCustomers, Planet 7 Technologies, Qsent, and SeeCommerce.

Voyager Capital will be co-located at the Millennium Tower with other leading technology oriented service firms including Goldman Sachs & Co, Orrick, Herrington & Sutcliffe, a global law firm, UV Partners (formerly Utah Ventures), a venture firm focused on early stage information technology and life science companies, and Microsoft Alumni Network™, a membership organization of former Microsoft employees that supports the business and community interests of members.

“Voyager is in unique position in the market right now because it has the available time and capital to build new companies. Establishing our headquarters at the Millennium Tower, a site that enables us to leverage our contacts with key industry players will benefit our portfolio companies,” said Bill McAleer, managing director at Voyager Capital.

Voyager Capital negotiated the lease directly with the building’s owner, Martin Smith Real Estate Services. Voyager executives declined to provide square footage or leasing details for either location.