Farouk Ladha, a former partner of Silicon Valley Bank’s private equity division, is shopping his own venture fund called Four Rivers Partners, according to a regulatory filing. The firm has raised $10.5 million for its first fund, collecting most of its cash from high-net-worth accredited investors.
No word on what the San Francisco-based fund is focused on. Ladha said he didn’t have a minute to talk when PE Week contacted him last week. One limited partner in the fund is Weismann Associates of New York, a family asset management firm run by Dietrich Weismann.