A unit of SVB Financial Group (SIVB) in Santa Clara, Calif., plans to raise $300 million for a venture capital fund.

The plans to raise the money for the Strategic Investors Fund VI were disclosed Friday in a filing with the Securities and Exchange Commission by SVB Capital, which oversees SVB Financial Group's portfolio of managed venture capital and private-equity investments.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.