FTV Capital raises $850 million fund for investments in fintech and enterprise
By Chris O’Brien for VB
“We are grateful for the strong support from our existing investors, and we are excited about the opportunity to collaborate with some terrific new limited partners,” said Richard Garman, FTV Capital managing partner and head of the firm’s San Francisco office, in a statement. “We have worked long and hard to build an outstanding team at FTV and an institutionalized model that enables us to deliver consistent returns for our limited partners.”
Founded in 1998, the firm says it focuses on enterprise technology and services, financial services, and payments and transaction processing. FTV argues that the continued shift to mobile and the digitization of a wide range of services will make for interesting investment targets.
First appeared at VB