Norwest Announces $3 Billion Global Fund to Partner with the Next Generation of Enduring Companies [Yahoo! Finance]
Wells Fargo & Company (WFC)
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Source: Yahoo! Finance
April 25, 2024 /PRNewswire/ -- Norwest Venture Partners , a global venture capital and growth equity investment firm, today announced it has closed a $3 billion fund, NVP XVII, LP (NVP 17). The new fund enables the Norwest team to continue partnering with visionary entrepreneurs and teams building the next generation of enduring companies. Following NVP 16, also a $3 billion fund, NVP 17 now brings the firm's total capital under management to $15.5 billion "For more than six decades, we have been fortunate to partner with an incredible set of companies," said Jeff Crowe , senior managing partner at Norwest. "Our diversified investment strategy, long-term commitment and collaborative approach allows us to adapt to a wide range of market conditions and support founders and CEOs at every stage of their journey." A Global and Diversified Approach Founded in 1961, Norwest has developed a proven diversified investment strategy and works closely with entrepreneurs and CEOs across a broad
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Earnings
- 4/12/24 - Beat
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Sec Filings
- 5/3/24 - Form 424B2
- 5/3/24 - Form 424B2
- 5/3/24 - Form 424B2
- WFC's page on the SEC website