A definitive agreement has been reached by SVB Financial Group whereby its investment platform business, SVB Capital, will be acquired by a newly established entity associated with Pinegrove ...

SVB Financial has agreed to sell its venture-capital unit to a newly created affiliate of investment firm Pinegrove Capital Partners, the former parent of Silicon Valley Bank said Thursday.

SVB Financial Group, the former parent company of Silicon Valley Bank, has entered into an agreement to sell the venture capital division of SVB Capital to the newly created branch of Pinegrove ...

After the collapse of Silicon Valley Bank (SVB), the parent company, SVB Financial Group, is nearing the sale of its venture capital arm, SVB Capital. SVB Capital, which was not included in the ...

SVB Capital and Pinegrove to Operate Independently with Common Sponsorship and Shared Mission to Serve the Venture Ecosystem SAN FRANCISCO, May 2, 2024 /PRNewswire/ -- SVB Financial Group (Pink ...