Sequoia Capital appears to be raising a new fund.
Called the “Sequoia Capital Growth Principals Fund, LP,” the fund will be incorporated in the Cayman Islands, according to documents filed Monday with the U.S. Securities and Exchange Commission. Its principal place of business will be on Sand Hill Road in Menlo Park, Calif., where Sequoia Capital’s offices are based.
The filing does not specify a planned size for the fund, which is categorized as a venture capital investment vehicle. Sequoia’s Michael Moritz is the sole partner listed on the filing, where he is referred to as “director of the GP of the issuer’s GP.”
PeHub placed a call to a Sequoia spokesman a short while ago, but has not heard back yet.
It is unclear what the relation is between the Sequoia Capital Growth Principals Fund and the Sequoia Capital Global Growth Fund, also incorporated in the Caymans, which the firm submitted a filing for in December. That filing also did not specify a fund size. It listed Sequoia Partner Douglas Leone as director of the GP of the issuer’s GP.