(Group 11) | FinTech-focused SGVC pulls in $51m for Fund III
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FinTech-focused SGVC pulls in $51m for Fund III

AltAssets.com | November 7th, 2018

SGVC has raised $51m for the final close of its oversubscribed third vehicle set to back Silicon Valley FinTechs.

The firm said it drew capital from a pool of investors including more than 120 high-profile entrepreneurs and Fortune 500 executives. SGVC closed the fund’s predecessor in 2016 with over $50m raised from at least 81 limited partners.

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