News Briefs

Drive Capital seeks $950m for a pair of funds

The Ohio firm is seeking to raise a combined $950m for two funds, according to reg filings.

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Columbus, Ohio-based Drive Capital is seeking to raise $950 million for a pair of funds, including $350 for its fourth main fund and $600 million for a growth-stage vehicle.

In late 2019, the firm raised $350 million for its previous flagship fund and $301 million for its first growth fund.

Source: Regulatory filings (Fund IV and Overdrive Fund II)