Walmart heir's S2G fund seeks $1B with outside investors: After a decade, the Chicago-based venture investment group is spinning off from Lukas Walton's Builders Vision organization.

Autor:	Pletz, John (AUTHOR)
Předmět:	INVESTORS, INVESTMENT advisors, HEIRS, VENTURE capital, BUSINESS schools, INVESTMENT management
Zdroj:	Crain's Chicago Business. 5/20/2024, Vol. 47 Issue 20, p3-3. 1p.
Abstrakt:	S2G, a venture fund based in Chicago and backed by Walmart heir Lukas Walton, is seeking to raise a $1 billion fund by adding outside investors for the first time. The firm, which has been in operation for a decade, is spinning off as a separate entity from Walton's Builders Vision organization and has registered as an independent investment adviser with the U.S. Securities & Exchange Commission. S2G aims to raise $1 billion, with Walton providing about half the capital. This move will raise the fund's profile, attract talent, and increase the amount of venture capital available in Chicago. [Extracted from the article]
Databáze:	Regional Business News
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