DJIA51472.34 309.94
S&P 5007802.56 46.64
NASDAQ27327.18 157.13
Russell 20002805.48 17.19
German DAX25102.34 279.29
FTSE 10010549.59 107.99
CAC 407803.33 73.64
EuroStoxx 506176.15 53.80
Nikkei 22569030.92 -11.19
Hang Seng24211.35 425.56
Shanghai Comp3813.79 1.89
KOSPI6625.93 -177.97
Bloomberg Comm IDX144.38 0.52
WTI Crude-fut104.30 -0.14
Brent Crude-fut91.71 0.23
Natural Gas3.21 0.05
Gasoline-fut3.31 -0.02
Gold-fut4218.20 70.20
Silver-fut61.20 1.94
Platinum-fut1696.10 51.20
Palladium-fut1153.00 25.50
Copper-fut6.69 0.12
Aluminum-spot3195.00 0.00
Coffee-fut286.60 -1.25
Soybeans-fut1278.00 -8.50
Wheat-fut668.25 -15.25
Bitcoin82900.33 1463.47
Ethereum USD2490.32 43.67
Litecoin63.25 1.04
Dogecoin0.08 0.00
EUR/USD1.1184 -0.0007
USD/JPY158.38 0.41
GBP/USD1.3217 -0.0009
USD/CHF0.8333 -0.0007
USD IDX102.27 0.10
US 10-Yr TR5.248 0.015
GER 10-Yr TR3.4829 -0.0026
UK 10-Yr TR5.4478 0
JAP 10-Yr TR3.047 0.033
Fed Funds4 0
SOFR3.87 -0.01
Connect News Money news for every market and every facet, every day.
Connect Money Events Live and virtual events bringing together the best of information and networking.
Financial Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Awards View the A-list of money & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for clear, concise news of maximum importance to the financial services industry.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Topics

Alternative Assets  + VC  |  January 7, 2025
Tacora Capital Raises $269M for Sophomore Venture Debt Fund 
Joe Palmisano
By: Joe Palmisano

Tacora Capital Raises $269M for Sophomore Venture Debt Fund 

Tacora Capital, a Peter Thiel-backed venture debt firm, has raised approximately $269 million for its second fund, according to a recent filing with the U.S. Securities and Exchange Commission.  

The filing indicates that 28 unnamed investors contributed to the round. The new fund follows Tacora’s first fund in 2022, which raised around $350 million, including a $250 million investment from Thiel, the PayPal and Founders Fund co-founder. 

The firm looks to provide asset-backed debt to startups in the fintech space, across subsectors including insurance, peer-to-peer lending, retirement solutions, payments infrastructure, real estate tech, supply chain and logistics.  

Founded in 2021, Tacora is based in Austin. Tacora’s founder and CEO, Keri Findley, was first introduced to Thiel through his VC firm, Thiel Capital, when she worked as a partner at hedge fund Third Point, according to Bloomberg. Findley ran the structured credit portfolio for Third Point, to which she was recruited to build from scratch. 

Connect

Inside The Story

Tacora Capital

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
Order Reprints