Venture capital firm B Capital Group has closed its second global fund for B2B growth-stage investments at $820 million, bringing its total assets under management to nearly $1.44 billion.
The firm, which has offices in San Francisco, New York, Los Angeles and Singapore, had reached the first close of the fund in April 2019 with $406.1 million in capital commitments. We had reported in February that B Capital had met the fund’s $600 million target and was seeking to hit its hard cap of $750 million.
