Former Sequoia Global Equities Head Jeff Wang’s Augnition Raises More Than $1 Billion

Augnition Global Investors, the technology hedge fund founded by former Sequoia Capital global equities head Jeff Wang, has raised more than $1 billion to invest in public and private technology companies.

The fund launched with at least $570 million in capital, about 45% of it internal. Its investment plans cover both listed and privately held technology businesses.

Wang led Sequoia Capital’s global equities business for 10 years. While there, he participated in late-stage private investments in ByteDance, SpaceX, Stripe and Airbnb.

A Sept. 30 offering notice for Augnition Global Investors US, LP recorded no fund interests sold and no investors at the time of filing.