Santa Monica, California-based Clocktower Technology Ventures (CTV) launched this week its first venture capital fund dedicated to financial services technology in Latin America.
Key investors in this latest offering include institutions such as Hirtle Callaghan, an outsourced investment office for families and institutions that manages approximately $18 billion, along with hedge fund CIOs such as Alan Howard, Philippe Jabre, Glen Kacher and John Burbank’s Passport Foundation, officials said.
The firm is targeting $25 million in the strategy which held its first close. CTV has already made a total of eight investments in the . . .
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