Norwest unveils a $3 billion fund, which is a whopping one-fourth the capital it has ever raised – TechCrunch
Norwest Venture Partners, the now 60-year-old venture and growth equity firm backed entirely by the banking giant Wells Fargo, today rolled out its sixteenth fund, a $3 billion vehicle and its biggest to date. It’s easy to shrug off the development, but this new pool brings the assets Norwest has raised altogether from Wells across…