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Alternative Assets  + VC  | 
Tacora Capital Raises $269M for Sophomore Venture Debt Fund 

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. 

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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