Riverwood Capital Raises $1.8 Billion for Global Technology Fund

Francisco Alvarez-DemaldePhotographer: Pablo E. Piovano/Bloomberg
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Riverwood Capital, which invests in high-growth technology companies, closed $1.8 billion in new commitments in the largest fundraising round since inception 15 years ago.

The Menlo Park, California-based firm with offices in Miami, New York and Sao Paulo, tapped pension funds, hospital systems, foundations, endowments, fund of funds, insurance companies and family offices among other investors, according to a statement.