Singapore- and US-headquartered B Capital Group is understood to have hit its target of $600 million for its second fund, according to industry sources and limited partners (LPs) aware of the development.
With its second vehicle being oversubscribed, the venture capital firm, co-founded by former Bain Capital executive Raj Ganguly and Facebook co-founder Eduardo Saverin, is now aiming to hit its hard cap of $750 million, the people aware of the matter confirmed.
