Tacora, a venture debt firm backed by Peter Thiel, secures $268.7M for new fund
Tacora Capital, a Texas-based firm specializing in venture debt, has secured $268.7 million for its second fund, as reported in a recent filing with the Securities and Exchange Commission (SEC).
This influx of capital is a testament to the confidence investors have in Tacora Capital’s investment strategy and track record. The firm’s ability to raise such a significant amount for its second fund speaks to its growing reputation in the world of finance and securities.
Venture debt is a unique and increasingly popular form of financing for early-stage companies. By providing debt capital to these companies, Tacora Capital is able to support their growth and development while also generating attractive returns for its investors.
This latest fundraising effort by Tacora Capital is a promising sign for the firm and the companies it supports. As the world of venture debt continues to evolve, Tacora Capital remains at the forefront, helping to drive innovation and growth in the market.
Overall, this news showcases Tacora Capital’s continued success and the confidence that investors have in its ability to deliver strong returns through strategic investments in venture debt.
