May 2 (Reuters) - Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partners will acquire its venture capital business, SVB Capital.
In January, SVB Financial had said it planned to turn over its remaining venture capital business to a new, creditor-backed company. The coalition backing the deal, which includes MFN Partners ...
Silicon Valley Bank said it plans to sell off its venture capital ... York to approve the sale on June 5. SVB Financial is the holding company for SVB Capital. Silicon Valley Bank was the holding ...
SVB Capital has $10 billion of assets under management US lender SVB Financial Group has agreed to sell investment firm SVB Capital to a newly created entity affiliated with Pinegrove and backed ...
SVB Financial (OTC:SIVBQ) late on Thursday announced that a newly created entity affiliated with Pinegrove, and backed by permanent capital from Brookfield Asset Management (TSX:BAM:CA ...
SVB Financial is officially selling SVB Capital to a newly-created entity – backed by permanent capital from Brookfield (BAM.TO) and Sequoia Heritage – for a combination of cash and other ...
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.
(Reuters) -Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partners will acquire its venture capital business, SVB Capital. A newly-created ...