SVB Wealth

Anurag Rana and David D. Abokhair have both held the role of Head of SVB Wealth since the firm's 2023 launch. Rana previously led SVB Capital's private equity efforts; Abokhair came from SVB's private banking division.

The firm leverages its parent bank's lending relationships with thousands of venture-backed companies and life-science firms. That network provides early visibility into growth-stage financing needs, IPOs, and secondary transactions before they hit the broader market.

SVB Wealth operates as a multi-family office and a registered investment adviser. It serves multiple families rather than one principal, offering customized portfolios and direct investment opportunities.

Both. The firm commits capital to external venture and private equity funds for clients, while also sourcing direct co-investments and private credit deals through the SVB Innovation Credit Fund and similar vehicles.

The firm focuses on growth-stage and late-stage venture investments, direct lending to private companies, and secondary market purchases of venture-backed company shares. It also allocates to hedge funds and real estate.

The firm does not publicly disclose hard sector avoidance lists. However, its heritage in technology and life-science lending suggests it concentrates on innovation-oriented sectors rather than traditional industries such as energy, agriculture, or manufacturing.

SVB Wealth is a separate entity from SVB Capital, the venture capital arm of Silicon Valley Bank. SVB Capital was acquired by Brookfield Asset Management in a separate transaction during the 2023 receivership. SVB Wealth remained with First Citizens Bank.