(Reuters) -Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital ...
Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partners will ...
May 2 (Reuters) - Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partners will acquire its venture capital business, SVB Capital.
A definitive agreement has been reached by SVB Financial Group whereby its investment platform business, SVB Capital, will be acquired by a newly established entity associated with Pinegrove Capital ...
SVB Financial Group has announced that its venture capital business, SVB Capital, will be sold to an entity affiliated with Pinegrove Capital Partners. Having filed for bankruptcy in the wake of ...
US lender SVB Financial Group has agreed to sell investment firm SVB Capital to a newly created entity affiliated with Pinegrove and backed by Brookfield Asset Management and Sequoia Heritage. No ...
SVB Capital will be acquired for a combination of cash and “other economic consideration,” the companies said, without giving details on the deal’s value.
The buyer is a newly created entity with ties to Pinegrove Capital Partners, a Los Angeles venture capital firm. Silicon Valley Bank said it plans to sell off its venture capital arm, SVB Capital ...