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Peter Thiel-backed venture debt firm Tacora raises $268.7M for new fund
Tacora Capital has raised its second fund, after Peter Thiel backed its first fund with $250 million.
Tacora Capital, a Texas firm that specializes in venture debt, has raised $268.7 million for its second fund, according to a new SEC filing. Tacora says it only backs loans against “specific, strong assets owned by well-positioned companies” according to a press release for its first fund. His investigative reporting has led to U.S. government sanctions against four tech companies, including China’s largest AI firm.
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