Facebook Co-founder’s B Capital closes $750 million Opportunities Fund II for late-stage startups

Multi-stage investment firm B Capital, co-founded by Facebook co-founder Eduardo Saverin in 2015, announced the close of its B Capital Opportunities Fund II, L.P. on Tuesday with aggregate capital commitments of $750 million. The second fund was almost double the size of its predecessor B Capital Opportunities Fund I.

The company saw the participation of both existing investors (from the previous fund) and new investors for the new fund. These include private and public pensions, family offices, high-net worth individuals, and sovereign wealth funds.