Peter Thiel’s Founders Fund to raise $750 mln for fifth fund – Bloomberg


Founders Fund is currently seeking to raise $750 million for its fifth fund, according to Bloomberg. The outlet reported that the San Francisco VC firm expects to close the fund in the first quarter of this year. Founders Fund was launched by Peter Thiel, co-founder of PayPal.

Fundraising? Then you don’t want to miss EMERGING MANAGER CONNECT in NYC on Jan. 24. This event is packed with 100+ LPs managing more than $45 billion devoted to emerging managers combined. Details are here: http://bit.ly/2ed5fcM

Sign up to our Newsletter

Receive updates from our PE HUB Wire and Top Stories of the Week newsletters:

We will not send you spam, and we don't share your email address with 3rd parties.