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.
Genna GarverBy Genna Garver, John Brunjes, and Cheri Hoff of Bracewell & Giuliani -- On Oct. 27 the Private Fund Investment Advisers Registration Act of 2009 (H.R. 3818) moved one step closer to becoming law with the 67-1 approval of the U.S. House of Representatives Committee on Financial Services (the "Bill"). More...
Investors this week announced the formation of NewWorld Capital Group, a private equity firm that will invest in middle-market companies and related infrastructure projects in the cleantech sphere. More...