Peter Thiel’s Founders Fund raises $101.5m for new growth principals fund

Peter Thiel’s Founders Fund raises $101.5m for new growth principals fund

Peter Thiel, co-founder of PayPal Inc., answers a question during a news conference at the National Press Club in Washington, D.C., U.S., on Monday, Oct. 31, 2016. Photographer: Andrew Harrer/Bloomberg

Founders Fund, the San Francisco-based venture capital firm founded by Paypal co-founder Peter Thiel, has raised $101.5 million for a new growth fund, according to the company’s latest filing with the US SEC.