What Brazilian tycoon Saverin’s fund is looking for after raising US$2.1 billion

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Brazilian Facebook (Meta) co-founder Eduardo Saverin intends to invest in Latin American startups through B Capital Group.

Earlier this year, his venture capital firm raised US$2.1 billion for its Growth Fund III and related funds.

The São Paulo billionaire founded B Capital eight years ago with investor Raj Ganguly, and the firm started with partner capital representing more than 10% of the funds.

B Capital, which opened an office . . .

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