Maverick Launches Growth Fund

The Tiger Cub is targeting at least $500 million to invest in late-stage private companies.

Stephen Taub July 22, 2021

Lee Ainslie, founder of Maverick Capital.

(Daniel Acker/Bloomberg)

Maverick Capital has launched a new fund.The Tiger Cub headed by Lee Ainslie III recently created Maverick Growth and an offshore equivalent to invest in late-stage private companies, according to a regulatory filing as well as an investor.It hopes to raise at least $500 million

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