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News by FinTech Collective Archive

Sale of Silicon Valley Bank’s old venture capital arm hits a snag

Louden Richason

December 15, 2023

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Louden Richason

Two front-runners had been vying for SVB Capital: a duo of Anthony Scaramucci’s SkyBridge Capital and Atlas Merchant Capital, and San Francisco private-equity firm Vector Capital.

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"Creditors including Pimco and Davidson Kempner may wind up taking over SVB’s roughly $10 billion venture capital business, sources say."

https://www.wsj.com/finance/sale-of-silicon-valley-banks-old-venture-capital-arm-hits-a-snag-cf1055d7?page=1

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