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SIG Growth Launches

Susquehanna International Group today formally launched Susquehanna Growth Equity, a venture capital and growth capital group that will invest between $50 million and $100 million per year into companies in the software, business services and specialty finance sectors. PE Week Wire reported on this group last June, and that its first senior hire was former TL Ventures principal Amir Goldman. Today’s announcement adds that the team also includes former Natural Gas Partners and EnerTech Capital pro Vincenzo La Ruffa, and that its first two portfolio companies are CashEdge and 29West.