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 global investment firm with over $100 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. Founded in 2009, Sixth Street has more than 650 team members including over 280 investment professionals around the world.