Convex Group Raises $500 Million in Preferred Equity Capital from Sixth Street

Jan 14, 2021•over 4 years ago

Amount Raised

$500 Million

San FranciscoFinanceFinancial ServicesAngel InvestmentVenture Capital

Description

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 Information

Company

Sixth Street

Location

San Francisco, California, United States

About

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.

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Convex Group Raises $500 Million in Preferred Equity Capital from Sixth Street

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