Facebook co-founder Saverin's new fund hits first close at $143.6m; aims to bridge funding gap in Asia

Facebook co-founder Saverin's new fund hits first close at $143.6m; aims to bridge funding gap in Asia

Visual of Singapore downtown nightscape. Credit: Flickr/digitalpimp

B Capital Group, launched last year by Facebook Inc. co-founder Eduardo Saverin and Raj Ganguly, a veteran of private-equity firm Bain Capital LLC, has raised more than $143.6 million in the first close for its first fund.

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