Thoma Bravo is building a crypto and fintech growth investment practice


Private equity firm Thoma Bravo is building a growth investing business aimed at crypto and fintech.

The firm, which manages more than $91 billion in assets and has spent the last 40 years investing across the tech and software sector, has hired former General Atlantic vice president Christine Kang to lead the new practice, according to a LinkedIn post. 

"Excited to officially share that I’m joining Thoma Bravo to help start their growth investing practice in the magical city of Miami," Kang wrote. 

Founded by billionaire Orlando Bravo, Thoma Bravo manages a number of private equity and credit funds. Its portfolio includes more than 50 companies that "generate over $21 billion of annual revenues," according to its website

Bravo, a native of Puerto Rico, told CNBC in an interview earlier this month that the metaverse is investable and will be "very big."

In her LinkedIn update, Kang said that Web3 and crypto are among the "most exciting sectors of innovation in today's global economy."

Trending Stories

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

5 Steps to a Successful Crypto AML Program

As cryptocurrencies become increasingly mainstream, regulators, the media and policymakers are paying more attention to the financial crime risks associated with them. But what are the biggest compliance challenges crypto firms face, and what does a best practice AML program look like? 
Read Full Story
Sponsored Post

Layer-2 Scaling Solutions: A Framework for Comparison - Commissioned by Polygon

Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.
Read Full Story
May 5, 2022, 3:17PM UTC