Peter Thiel’s Founders Fund raises $6 billion in its largest-ever haul

Peter Thiel’s Founders Fund has raised $6 billion for a new fund to invest in later-stage companies, according to people familiar with the matter, marking the firm’s largest haul ever.

The majority of the capital — $4.5 billion — comes from limited partners, including sovereign wealth funds, according to one of the people, who spoke on the condition of anonymity to discuss private information. The remaining $1.5 billion is from senior management and employees at Founders Fund, including Thiel, the people said.

Read more

You may also like

Comments are closed.

More in IT