VC Giant May Launch $750 Million Hedge Fund

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 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.

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