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Home›ETFs & Funds›Equity Funds›Former Sequoia investor raises over $1bn for new tech…

Former Sequoia investor raises over $1bn for new tech hedge fund

Reported · Written up by our desk · Equity Funds

Jeff Wang, a former senior investment manager at Sequoia Capital, has raised more than $1bn for his new technology-focused hedge fund, Augnition Global Investors, making it one of the largest hedge fund launches of 2026, according to a report by Bloomberg. The firm began trading in October with at least $570m in initial capital, according to a regulatory filing dated 30 September, with the remaining commitments expected to be drawn from investors over time. Approximately 45% of the disclosed starting capital came from internal sources. Augnition will invest across public and private technology

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Sources

HedgeweekFormer Sequoia investor raises over $1bn for new tech hedge fund

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