FTVentures Raises Third Fund

FTVentures, a San Francisco-based private equity firm focused on financial technology companies, has raised $465 million for its third fund, according to a regulatory filing.

The firm raised $423 million for its prior fund back in 2001, from limited partners like AIG, Bank of America Corporation, BNP Paribas, Charles Schwab, Credit Suisse Group, Deutsche Bank, Development Bank of Singapore, GE Capital, HSBC Holdings, Key Corporation, National City Corporation, Skandinaviska Enskilda Banken, Standard Chartered Bank, U.S. Bancorp, and Wells Fargo. www.ftventures.com