B Capital Group, which is sponsored by Boston Consulting Group, closed an oversubscribed fund that will invest in up to 25 companies.
B Capital Group, the US-based investment firm sponsored by management consultancy Boston Consulting Group (BCG), closed an oversubscribed venture capital fund at $360m yesterday.
Founded in 2015 in partnership with BCG, B Capital targets global investments in healthcare, financial and insurance technology, transportation and industrial logistics, and what it refers to as consumer enablement.
B Capital Fund had reached its first close at approximately $144m in 2016, and co-founders Eduardo Saverin and Raj Ganguly hinted at the time that the…