In January, SVB Financial had said it planned to turn over its remaining venture capital business to a new, creditor-backed company. The coalition backing the deal, which includes MFN Partners ...
(Reuters) - Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partners will acquire its investment platform business, SVB Capital.
SVB Financial has agreed to sell its venture-capital unit to a newly created affiliate of investment firm Pinegrove Capital Partners, the former parent of Silicon Valley Bank said Thursday.
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 ...
Silicon Valley Bank said it plans to sell off its venture capital ... York to approve the sale on June 5. SVB Financial is the holding company for SVB Capital. Silicon Valley Bank was the holding ...
(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 newly-created ...
SVB Financial Group, is nearing the sale of its venture capital arm, SVB Capital. SVB Capital, which was not included in the sale of SVB’s lending and wealth management units to North Carolina ...