Global venture capital major Sequoia Capital has raised $2 billion for its Global Growth Fund II along with topping up growth funds targeted at China, India and US, according to its filings with the SEC.
As per the filings, the US-based investment firm said it raised nearly $1.9995 billion for its Sequoia Capital Global Growth Fund II, which was launched in 2015. No target was announced for the fund at that time. The commitments for this fund have come from 104 LPs.