(Reuters) -Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital ...
SVB Financial (OTC:SIVBQ) late on Thursday announced that a newly created entity affiliated with Pinegrove, and backed by ...
SVB Capital will be acquired for a combination of cash and “other economic consideration,” the companies said, without giving details on the deal’s value.
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 ...
May 2 (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.
US lender SVB Financial Group has agreed to sell investment firm SVB Capital to a newly created entity affiliated with Pinegrove and backed by Brookfield Asset Management and Sequoia Heritage. No ...
SVB Financial Group has announced that its venture capital business, SVB Capital, will be sold to an entity affiliated with Pinegrove Capital Partners. Having filed for bankruptcy in the wake of ...
SVB Financial (OTC:SIVBQ) late on Thursday announced that a newly created entity affiliated with Pinegrove, and backed by permanent capital from Brookfield Asset Management (TSX:BAM:CA) and ...
SVB Financial had earlier explored selling the venture capital unit, which its advisers valued at as much as $572 million, according to court papers filed in January. Read More: SVB Financial ...