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Today: November 10, 2024
August 25, 2024
1 min read

Wealthy Pennsylvanian’s investment secrets for soccer, cars, tech, and more


TLDR:

  • Susquehanna International Group (SIG) has invested in over 500 emerging companies through its three in-house investment funds.
  • SIG’s private funds, including Susquehanna Growth Equity, SIG China, and Susquehanna Asia Venture Capital, offer patient capital with no fixed time horizons for returns.

From its origins in 1987, Susquehanna International Group (SIG) has grown into one of the major U.S. firms engaging in trading activities in securities markets. Founder Jeff Yass, the richest man in Pennsylvania, has utilized SIG’s profits to fund investments in over 500 emerging companies globally through its private funds. These funds, such as Susquehanna Growth Equity, SIG China, and Susquehanna Asia Venture Capital, focus on long-term growth without the pressure of fixed return timelines.

One of the companies that benefited from SIG’s patient capital is Soccer Shots, a youth soccer program that expanded globally with the help of funding from SIG. Quality Collision is another success story, with SIG’s investment allowing the company to outperform larger, private-equity backed rivals in the car repair industry. Additionally, iCIMS, an applicant-tracking software company, saw significant growth after receiving funding from SIG, ultimately resulting in a profitable acquisition by private-equity firm Vista Partners.

SIG’s investment strategy involves seeking out bootstrapped entrepreneurs who have built successful companies and are willing to continue running them without the constraints of fixed timelines. This approach has led to successful investments in companies like Muck Rack and Qualtrics, with notable IPOs in 2021 for companies like Payoneer and Outbrain.


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