What's New In Investments, Funds? - B Capital

Editorial Staff

12 February 2018

B Capital Group
B Capital Group, the investment house founded by one of the original Facebook creators, has closed one of its capital funds, bringing in $360 million, which is said beat its original target “substantially”.

Ropes & Gray LLP provided legal counsel in connection with the fundraise.

B Capital Fund LP has supported portfolio companies including AImotive, Bright.md, Capital Match, CXA, Evidation Health, Icertis, INTURN, Lanetix, Mswipe, Ninja Van and SilverCloud Health. B Capital concentrates on fintech, healthcare, industrial logistics and types of consumer companies.

The investment house was founded in partnership with Boston Consulting Group. One of Facebook’s founders, Eduardo Saverin, set up B Capital, and that organization operates from San Francisco, New York, Los Angeles and Singapore.