FTV Capital Raises $2.3 Billion for Newest Growth Equity Fund

  • Pandemic ‘a tailwind for digitization,’ FTV’s Bernstein says
  • FTV aims to write equity checks of as much as $200 million
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FTV Capital, a firm focused on growth-equity bets, has raised $2.3 billion for its largest fund to date.

The firm, which has offices in San Francisco and New York, will make investments in the enterprise-technology, financial-services and payments sectors through the vehicle, known as FTV VII LP, executives said in an interview. Bloomberg News in July reported that FTV had begun investor discussions on a record seventh fund.