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Quid Secures $320M in Second Fund to Continue Liquidity and Option Exercise Loans for Private Company Employees; Quid's Second Fund is Backed by Oaktree and Davidson Kempner and a Leading Ivy League Endowment

Nov 23, 2020 - Business Wire

Quid Capital Group ("Quid") announced it has raised $320M in a second fund to offer liquidity benefits to shareholders at high-growth private technology companies. Quid partners directly with businesses and shareholders to provide streamlined access to personal capital, using only the shareholder's equity as collateral. Quid's second fund is backed by Oaktree Capital Management ("Oaktree"), Davidson Kempner Capital Management LP ("Davidson Kempner"), and a leading Northeast based Ivy League endo...