SBT Venture Capital, a new fund focused exclusively on investments in the financial technology (fintech) space, has launched with $100m in capital.
The fund has a lifespan of 5-7 years. SBT partner Matteo Rizzi told unquote" that the firm will start the divestment period for the fund's portfolio in the fifth year. The vehicle was set up by Russian...
Firm is looking to double its €34bn alternative assets under management by 2020
New vehicle is the first CLO-dedicated fund raised by the firm in four years
Transaction follows lengthy process with reported interest from Nordic Capital and Goldman Sachs
Siddiqui joins the firm from Trowers & Hamlins, where he was corporate partner for one year