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Pequot Ventures Spun Off As FirstMark Capital

Pequot Ventures Spun Off As FirstMark Capital
"Pequot Ventures, the $2 billion venture arm of hedge fund Pequot Capital Management, is being spun off as a separate business and renamed FirstMark Capital. Over the past dozen years, the venture firm has opened seven funds, and it currently has $1 billion in actively managed and unallocated capital. The fund focuses on emerging media and advertising, data and analytics, and infrastructure startups. In the past it was an investor in First Advantage, Netgear, StubHub (bought by eBay), and Flarion (bought by Qualcomm)."

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