Growth-Equity Firm FTV Capital Eyes Raising Record Seventh Fund
- FTV raised $1.2 billion last year for sixth fund, its largest
- Firm focuses on financial services, enterprise technology
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FTV Capital, a growth-equity firm, has begun informal discussions with investors about raising its seventh fund, according to a person with knowledge of the matter.
The firm hasn’t set a firm target for its latest vehicle, likely dubbed FTV VII LP, but it’s expected to seek to collect at least $1.8 billion, the person said. Formal fundraising efforts targeting pension funds, insurance companies, and other traditional institutional investors are expected to begin later in 2021, the person said.