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SVB Financial Group Sells SVB Securities to Management Team Backed by Baupost Group

SVB Financial Group entered into a definitive purchase agreement with the management team bidder group led by Jeff Leerink, SVB Securities’ CEO and founder, and backed by funds managed by The Baupost Group for the sale of its investment banking business, SVB Securities.

SVB Financial Group Files Chapter 11

SVB Financial Group, which is no longer affiliated with Silicon Valley Bank, filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of New York to preserve value.

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Tag Archives: SVB Securities

SVB Financial Group Sells SVB Securities to Management Team Backed by Baupost Group

SVB Financial Group Files Chapter 11