Saturday, 31 January 2015
Last updated 18 hours ago
Apr 16 2008 | 7:30am ET
A top Silicon Valley venture capital firm may be taking its first steps into hedge funds.
Sequoia Capital may have begun raising money from its general and limited partners for its first hedge fund, Thompson Financial’s pehub.com reports. The firm reportedly hopes to raise as much as $750 million for the hedge fund product.
The firm has reportedly been in the market for investors with hedge fund backgrounds since last year.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…