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Pinegrove Capital Partners-Affiliated Entity to Buy SVB Capital

May 03, 2024
SVB Financial Group has entered into a definitive agreement to sell its investment platform business, SVB Capital. The buyer is a newly created entity affiliated with Pinegrove Capital Partners and backed by Brookfield Asset Management and Sequoia Heritage, SVB Financial Group said in a Thursday (May 2) press release. The agreement is subject to bankruptcy […]