Credit Suisse's Fintech Investment Arm Raises $261 Million War Chest

Next Investors already backed two firms before its second fund closed this month.


This is the second fund launched by Next to enter into minority investments in firms.

Greg Grimaldi, co-head and portfolio manager of the fund, says the second fund allows Next to continue with its strategy of investing in firms with proven products, that are looking to expand their businesses.

“The second fund close is a continuation of our strategy of investing into high-growth firms. It gives us enough to invest in over the next few years,” he says. “Consistency is part of our story and

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