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Private Equity

Tuatara Capital Targeting $375M For Dedicated Marijuana Fund

by businessinsider.com posted 4days ago 13 views
Tuatara Capital, a New York-based private equity fund, is raising $375 million for its second marijuana-focused fund, according to SEC filings. If the firm hits its target, it will be one of the largest pools of capital dedicated to the booming cannabis industry. Chief Investment Officer Al Foreman said in an interview Tuatara's Fund II will rely on the firm's long history operating in the nascent sector. Tuatara Capital, a New York City-based private equity fund founded by Wall Street veterans, is raising what could be one of the largest pools of capital dedicated to the booming marijuana industry.