Asset Management
What's New In Investments, Funds? - B Capital
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The latest in funds and investments in the North American region.
B Capital Group
B Capital
Group, the investment house founded by one of the original
Facebook creators, has closed one of its capital funds, bringing
in $360 million, which is said beat its original target
“substantially”.
Ropes & Gray LLP provided legal counsel in connection with the fundraise.
B Capital Fund LP has supported portfolio companies including AImotive, Bright.md, Capital Match, CXA, Evidation Health, Icertis, INTURN, Lanetix, Mswipe, Ninja Van and SilverCloud Health. B Capital concentrates on fintech, healthcare, industrial logistics and types of consumer companies.
The investment house was founded in partnership with Boston Consulting Group. One of Facebook’s founders, Eduardo Saverin, set up B Capital, and that organization operates from San Francisco, New York, Los Angeles and Singapore.