ICONIQ Growth raises $5.75B seventh flagship fund
TechCrunch·2024-05-04 12:04
ICONIQ Growth has raised $5.21 billion across two funds associated with the seventh growth fund family, according to SEC filings. However, the firm’s actual fundraise was $5.75 billion, according to a source familiar with the firm.
The late-stage investment unit is a part of ICONIQ Capital, which launched in 2011 as a private office managing capital of some of the most prominent and wealthiest people in tech, including Mark Zuckerberg and Jack Dorsey, has met its target of $5.75 billion, according to meeting information from New Mexico State Investment Council, the Wall Street Journal reported in March 2022.
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