Convex Group Raises $500 Million in Preferred Equity Capital from Sixth Street
01/14/21, 11:04 AM
Location
san franciscoMoney raised
$500 million
Industry
finance
financial services
angel investment
venture capital
Convex Group Limited (“Convex” or “the Company”) has secured $500 million in committed preferred equity capital from affiliates of Sixth Street, a leading global investment firm. The investment follows Convex’s recent $1 billion capital raise from a consortium led by Onex and GIC, in which Sixth Street also participated. Sixth Street’s investment brings Convex’s total committed capital to over $3.2 billion.
Company Info
Location
san francisco, california, united states
Additional Info
Sixth Street is a leading global investment firm with over $60 billion in assets under management and committed capital. Sixth Street Growth is the firm’s dedicated platform for making private investments in growth companies. The Sixth Street Growth team partners with companies and management teams to provide differentiated capital solutions to accelerate organic and inorganic growth. Sixth Street has invested over $9 billion in more than 70 companies through its Growth franchise since inception. For more information, visit www.sixthstreetgrowth.com, and follow Sixth Street on LinkedIn, Twitter, and Instagram.