Founders Fund's fourth growth fund is nearing completion, having raised $6 billion.
Svmuu News: Sources familiar with the matter reveal that Peter Thiel’s Founders Fund is nearing the completion of its fourth growth fund, with capital commitments expected to reach $6 billion. Demand from external investors has exceeded the fund’s capacity, with approximately $1.5 billion coming from Founders Fund partners themselves. This fundraising comes less than a year after the close of its third $4.6 billion growth fund, which was primarily used for follow-on investments in successful late-stage companies. (TechCrunch)
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