
Arete Wealth Management, LLC Named Sole Placement Agent for FCP Venture X's $75 Million Investment in Lambda
- Editor
- Feb 25
- 1 min read
Whats Happening:
Arete Wealth, a leading broker-dealer and registered investment advisory firm, has been named the sole placement agent for FCP Venture X's $75 million investment in Lambda, a cloud computing firm specializing in AI development hardware and services. This investment is part of Lambda's $480 million Series D equity round, which included investors like Nvidia and ARK Invest.
Key Moves:
Arete Wealth acts as sole placement agent for FCP Venture X's $75M investment in Lambda
Lambda raises $480M in Series D round, including investment from Nvidia
Arete Wealth facilitated over $500M in alternative investments in 2024
By The Numbers:
FCP Venture X invests $75M in Lambda
Lambda's Series D round totals $480M
Arete Wealth facilitated over $500M in alternative investments in 2024
Key Quotes:
"We are honored to have facilitated this significant transaction of Fincadia's investment in Lambda," said Joshua Rogers, Founder & CEO at Arete Wealth.
"This collaboration underscores our commitment to connecting visionary investors with groundbreaking companies that are shaping the future of technology."
Bottom Line:
Arete Wealth's role as the sole placement agent for FCP Venture X's investment in Lambda demonstrates its growing influence in facilitating significant private equity transactions. This deal aligns with Arete's focus on providing investors access to innovative alternative investments, potentially enhancing portfolio returns and reducing volatility.
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