# SVB Capital

SVB Capital is an Asset Manager based in Santa Clara, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Santa Clara, United States
- **Region:** North America
- **Address:** Santa Clara, CA, United States
- **Founded:** 1999
- **Assets under management:** $5B - $10B (Altss estimate)
- **Website:** svbcapital.com
- **LinkedIn:** https://www.linkedin.com/company/svb-capital

## Regulatory record

- **Reports private funds:** No

## About

SVB Capital is a financial services firm founded in 1999 in Menlo Park, California. It offers commercial banking, venture investing, wealth planning, and investment banking services. The company was acquired by Pinegrove Capital Partners in May 2024.

## Sectors

- Enterprise Software
- FinTech
- Digital Health
- AI/ML
- Cybersecurity
- Mobility & Transportation
- ClimateTech
- Robotics & Automation

## Offices

- San Francisco, CA
- Menlo Park, CA
- Boston, MA
- New York, NY
- London, UK
- Shanghai, China

## People

- John China — President
- Tilli Bannett — Managing Partner

## Questions

### Who actually makes investment decisions at SVB Capital?

John China, President of SVB Capital, oversees the platform's investment strategy and final approvals. China joined the firm in 2012 after previously heading the bank's technology and life sciences commercial banking groups, giving him both operating and underwriting experience. Each strategy vertical — funds of funds, direct venture, venture debt, and secondaries — maintains its own investment committee with dedicated sector specialists.

### What happened to SVB Capital after the parent bank's collapse in March 2023?

The FDIC placed SVB Financial Group into receivership but explicitly excluded SVB Capital's fund entities, which were separate legal structures. SVB Capital continued managing its existing portfolio companies and fund commitments without interruption. Fundraising for new vehicles paused as the platform's future ownership was resolved. Multiple parties expressed interest in acquiring the platform, but the outcome remained unresolved through late 2024.

### Does SVB Capital commit to external venture funds or only direct deals?

SVB Capital operates both a funds-of-funds program and a direct investment practice. The funds-of-funds team historically backed managers including Accel, Sequoia Capital, and Founders Fund. The direct team pursues seed through late-stage equity rounds. The platform also runs a venture debt strategy providing non-dilutive loans and a secondaries desk targeting LP portfolios and structured credit in innovation sectors.

### What geographic footprint does SVB Capital maintain?

The platform operates from six offices: Santa Clara, San Francisco, Menlo Park, Boston, New York, and London. It also maintained presence in Shanghai through the parent bank's broader Asian operations. Portfolio exposure spans North America, Europe, and select Asian markets, with the heaviest concentration in US-based enterprise software, fintech, and digital health companies.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/svb-capital

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology