Global investment firm B Capital, created by Facebook co-founder Eduardo Saverin, has raised $500m for the hard cap close of its third Ascent fund - nearly doubling the size of its predecessor vehicle amid strong LP appetite for AI investing.
The post Facebook co-founder’s B Capital hits $500m hard cap for third early-stage AI fund appeared first on AltAssets Private Equity News.
Read the full intelligence on AlphaMaven
Subscribe to unlock the AI-extracted Key Takeaways, the News Summary that synthesizes this story with related coverage, and the full alternative-investment intelligence platform — $99/mo, no contract, cancel anytime.