Ft

Springcoast raises over $500M in small tech deals so far

Springcoast raises over $500M in small tech deals so far

[ad_1]

Tech-focused Springcoast Capital Partners has so far raised more than $500 million for its first blended fund and a related investment vehicle, according to people familiar with the offering.

The New York firm initially sought to raise between $300 million and $500 million for its first blended fund, WSJ Pro Private Equity previously reported. A regulatory filing for Springcoast Partners I LP from late September lists an offering amount of $350 million for the fund.

Copyright ©2023 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

The go-to source for everything private equity.

News, data and analysis to help you find opportunities and follow major trends in trading, investing and regulation.

[ad_2]
Wj

Eleon

With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
Back to top button