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 ...
SVB Financial Group, the former parent company of Silicon Valley Bank, has entered into an agreement to sell the venture capital division of SVB Capital to the newly created branch of Pinegrove ...
Moreover, SVB Financial Group filed a motion for approval of buyer protections for Pinegrove affiliate and sale of SVB Capital business on 16 May 2024, and requested a hearing to approve the sale ...
SVB Financial Group on May 2 filed a motion seeking the Court's authorization to approve buyer protections for the Pinegrove affiliate and consummate a sale of the SVB Capital business.SVB ...
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.
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 ...
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 ...
SVB Financial Group filed a motion seeking the Court's authorization to approve buyer protections for the Pinegrove affiliate and consummate a sale of the SVB Capital business. SVB Financial Group ...