Thiel’s Founders Fund Raises $6 Billion in Its Largest-Ever Haul
Founders Fund, co-founded by Peter Thiel, has closed its fourth growth-stage fund.
Photographer: Bloomberg/BloombergPeter Thiel’s Founders Fund has raised $6 billion for a new fund to invest in later-stage companies, according to people familiar with the matter, marking the firm’s largest haul ever.
The majority of the capital — $4.5 billion — comes from limited partners, including sovereign wealth funds, according to one of the people, who spoke on the condition of anonymity to discuss private information. The remaining $1.5 billion is from senior management and employees at Founders Fund, including Thiel, the people said.