Sequoia Capital reveals its reorganized permanent fund structure with a combination of stocks from legacy funds and new capital commitments, despite criticism of its long-term investment strategy, while limited partners continue to support the firm as it prepares to reveal its latest assets under management.
Sequoia Capital has made a game-changing move, revealing its fund balance of $13.6 billion, a result of its re-organization into a singular, permanent structure known as the Sequoia Capital Fund.
This value is a combination of stocks rolled over from its legacy funds and new capital commitments destined for traditional funds. Despite criticism, Sequoia remains steadfast in its long-term investment strategy and has the support of its limited partners. With locked up limited partners until 2023 and an upcoming annual ADV form, the latest update on assets under management is eagerly anticipated.
Get ready to see how Sequoia is rewriting the investment game via the link below.
Full Story: HERE (TechCrunch)
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