US Capital Global Advises CityBlock Capital on the Launch of Its Blockchain Technology Venture Capital Fund
San Francisco-based private financial group supports the sponsor of a US-based private digital venture capital fund.
SAN FRANCISCO, July 2019 – US Capital Global has provided financial advisory services to CityBlock Capital for the launch of its first tokenized venture fund, NYCQ Fund LP (the “Fund”). Combining low minimum investment amounts and early liquidity opportunities, the Fund gives accredited investors access to blockchain infrastructure investments normally available to institutional investors.
Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in investment banking, asset management, and funds management. US Capital Global Securities, LLC, the FINRA-licensed broker dealer division of US Capital Global, is acting as the exclusive placement agent for the Fund’s initial $10 million equity raise.
Robert Nance, co-founder and CEO of CityBlock Capital, said: “US Capital Global has offered excellent advisory services customized to our blockchain venture capital fund, helping us to launch the Fund and increase its investment capabilities. Our Fund offers investors equity exposure to early-stage blockchain infrastructure startups that are building the digital foundation of our global economy.”
“We are immensely pleased to be supporting CityBlock Capital and the Fund as its financial advisor,” said Charles Towle, Managing Partner at US Capital Global and CEO at US Capital Global Securities. “Our firm advised CityBlock Capital on potential strategic alternatives for the Fund. At US Capital Global, we are keen to support forward-thinking companies working on the frontline of the digital market era. The opportunity to participate in the Fund’s $10 million equity raise is open to eligible investors through US Capital Global Securities, the Fund’s exclusive placement agent.”
About CityBlock Capital
CityBlock Capital is the founder of the NYCQ Fund LP, a private digital venture capital fund open to accredited investors in the US and abroad. The Fund does not invest in cryptocurrencies or utility tokens, but directly engages in the expansion of the global digital economy through equity investments in early-stage blockchain infrastructure companies. The Fund is managed and advised by professionals with deep industry expertise from firms such as SoftBank Capital, Goldman Sachs, Wells Fargo, and Google.
About US Capital Global
Established in 1998, US Capital Global leverages the latest FinTech and RegTech innovation to provide sophisticated debt, equity, and investment products to lower middle market companies and investors. The group manages direct investment funds and provides wealth management and capital raise services. Operating with its registered investment bank affiliate, US Capital Global Securities, LLC, the firm acts as a licensed placement agent for companies, funds, and projects, and collaborates closely with its peers in professional banking and investment advisory. www.uscapglobal.com
To learn more about US Capital Global, email Charles Towle, Managing Partner, at ctowle@uscapglobal.com. For questions on private placements, email Charles Towle at ctowle@uscgs.com or call +1 415-889-1010.
